Sept 3: Bitcoin’s Road to $90K Runs Through $82,700

itcoin is trading around $78K, and the price structure is much healthier than it was earlier this summer. The immediate support is roughly $75,674, the critical trend support is around $71,781-$72K, and the long-term 200-week moving average sits down in the mid-$60Ks. On the upside, Bitcoin still needs to break roughly $82,793 before the chart really opens toward $90K and potentially the 2026 high near $98K. 

The bond market is calming today, but yields remain high enough to matter. The larger question is whether heavy government borrowing and enormous AI infrastructure spending are structurally pushing interest rates higher. Meanwhile, oil near the mid-$90s keeps inflation risk alive.

The next checkpoints are straightforward: jobs Friday, PPI September 10, CPI September 11, and the Fed September 16. Those releases are likely to determine whether Bitcoin finally breaks through the $80K-$82.8K resistance zone or drops back toward $75K and $72K.

Happy HODLing.

Hosted on Acast. See acast.com/privacy for more information.