S&P 5007,636.36▼0.5% Nasdaq26,253.34▼0.6% Dow52,380.66▼0.8% Russell 2K2,921.23▼1.3% 10-Yr4.84%+3bp VIX16.46+0.74 WTI$97.01▲4.3% Gold$4,445.30▲1.2% EUR/USD1.164▲0.1% BTC$77,087▼1.5% Nikkei65,269▼1.7%
At close · Thu, Sep 10, 2026
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Home›Crypto›Market Structure›Bitcoin struggles near $80,000 as consolidation takes…

Bitcoin struggles near $80,000 as consolidation takes hold

BTC/USD is consolidating after failing to settle above $80,000, with support flagged around $77,400 on the 4-hour chart.

Reported · Written up by our desk · Market Structure

Action Forex says Bitcoin failed to settle above $80,000 and moved into a consolidation phase.

The outlet notes a bullish trend line forming on the 4-hour BTC/USD chart, with support identified near $77,400.

Action Forex also points to Ethereum as a nearby focus, saying ETH could see a fresh surge if it closes above $2,550.

Separately, the outlet says gold retreated from recent highs and corrected below $4,520.

Latest closeGold $4,445.30 ▲1.2%|Bitcoin $77,087.06 ▼1.5%|Ethereum $2,461.76 ▼0.2%

← Newer storySilver trades flat near $66.60 ahead of key US data

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Sources

Action ForexBitcoin Faces a Key Resistance Test as Consolidation Continues

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