S&P 5007,686.14▼0.6% Nasdaq26,370.89▼0.6% Dow53,185.90▼0.7% Russell 2K2,956.45▼1.9% 10-Yr4.76%+9bp VIX14.92+0.41 WTI$86.62▲3.9% Gold$4,509.30▲0.7% EUR/USD1.163▲0.3% BTC$77,874▼0.9% Nikkei65,645▼0.7%
At close · Tue, Sep 1, 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 $4,509.30 ▲0.7%|Bitcoin $77,874.48 ▼0.9%|Ethereum $2,450.76 ▼0.7%

← 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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