Bitcoin rallied 11% this week to reach $79,500, fueled by approximately $1.6 billion in spot ETF inflows between Aug. 17 and 20, over $4.3 billion in forced short liquidations, and a US Treasury intervention that doubled long-end debt buybacks. With ETF markets pausing until Monday and Treasury markets closed, the weekend will test whether spot demand can sustain Bitcoin near $80,000. Key support sits between $75,000 and $75,800, while a confirmed break above $80,000 would target $82,000 as the next resistance level.
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