Bitcoin Reclaims $80K: Key Levels to Watch

Pivot: $79,290

Resistance: $81,496 / $81,927

Support: $78,567 / $78,137

Bitcoin has recovered above $80,000 after slipping below the level earlier this week, with traders now looking ahead to the Fed’s rate decision.

The short-term setup remains constructive while BTC holds above $79,290. A move through $81,496 would strengthen the rebound and put $81,927 in focus.

If Bitcoin breaks back below $79,290, the rebound could lose momentum, with $78,567 and $78,137 as the next downside levels.

With the Fed in focus, expect volatility around these levels. The key question is whether Bitcoin can break through resistance rather than simply hold above $80,000.