Bitcoin Breaks Above Key Resistance at $79,000

Bitcoin's price rose by 2.5% on September 3, breaking above a key resistance level of $79,000 and holding strong above a support level of $76,229.

The price remains range-bound between these two levels, with moving averages indicating bullish trends but momentum indicators showing neutral or bearish signals.

A clear breakout above $79,000 could lead to a rise toward $81,280, while a drop below $76,229 might trigger a deeper decline for investors.