Bitcoin Uptrend Remains Intact Despite $80K Pullback

As of September 2, 2026, Bitcoin is navigating a sharp pullback after last week's push above $80,000. The daily uptrend remains intact even as hourly charts flash clear seller dominance.

On the daily chart, price holds above all three EMAs: EMA20 at $74,587, EMA50 at $70,272, and EMA200 at $72,121. This is textbook uptrend structure and explains why the macro bias has not broken despite the slide from above $80,000.

However, hourly and 15-minute charts show a fully bearish EMA stack with RSI readings in the low 30s that still have room to extend lower. Sellers have decisively taken control on these timeframes, forming a clear bearish tilt.