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Bitcoin Faces Crucial Resistance Zone Ahead of Key Economic Data

Guavy AI Editorial Team
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BTC BNB
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Bitcoin's recent price action has it hovering near $78,000 after retreating from last week's three-month high of $81,455. The market is currently looking at the crucial $80,000-$81,000 resistance zone.

Technical indicators are improving, but Binance whale inflows have climbed sharply to $5.5 billion during Bitcoin's latest rally.

The U.S. economic data, including the ISM Manufacturing PMI and August employment report, will provide another important test for the market.

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