Range break above 81,000 after 4-day base near 80,000.
Price spent most of the week ranging 79,350–81,300 before a sharp NY-session impulse drove BTC from 80,500 back above 82,000, clearing the multi-day range top. RSI(14) now stretched into overbought after the late vertical move, and price is sitting just under the 82,800 breakout gate flagged in market commentary. Geopolitical headlines around Iran and the Strait of Hormuz are the dominant macro backdrop.
What it said to watch
H1 close back below 80,577 retest zone would negate the range break
Further Iran/Hormuz headlines could drive risk-asset volatility into Asia
22:01 UTC
Recovery from midweek flush, momentum fading at highs · RSI 43 · price 80,736.09
Range with failed breakout, reverting to mid.
BTC pushed to the week high near 81430 in the NY session but failed to hold, with a sharp rejection candle wiping out the breakout and dragging price back below 80850. The recovery from Thursday's swing low at 79063 had been steady through Asia and London, but the false break at the prior high has flipped near-term momentum lower. RSI(14) has cooled to the low 40s and price is back below EMA20, leaving the market mid-range.
Support: 80,435.42, 79,912.00, 79,062.93
Resistance: 81,430.32
What it said to watch
Hourly close back above 80850 breakdown lvl would neutralise the rejection
Loss of 80435 session low opens the path back to 79912 swing low
Headline risk around Iran / Strait of Hormuz remains live and could drive risk-off flows
21:02 UTC
Range with mid-week dip recovered · RSI 48 · price 80,649.18
Broad range 79,200–81,550, mean-reverting.
BTC has carved a 79,200–81,550 range across the week, with buyers defending 79,500 twice and supply repeatedly capping at 81,400–81,550. The last NY session pushed to the week high before a sharp rejection swept back to 80,150 in a single bar, recovering only marginally into the current close. RSI(14) sits near 48 after the flush, leaving the read balanced inside the range.
What it said to watch
Hourly close above 81,550 invalidates the range top and opens 82,800
Loss of 79,500 week low confirms a lower-low and exposes 79,060
Iran-US headline flow remains a wildcard for risk tone