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Bitcoin tests $77K support amid mixed signals but bullish longer-term outlook remains intact.

Technical Signals
01 Sep 2026
Bitcoin
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Neutral
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Bitcoin's price hovered around $77,850 to $78,125 on September 1, testing key support near $77,000 after pulling back from the $79,000 level. Despite short-term weakness and mixed momentum indicators, longer-term moving averages remain strongly bullish, signaling an overall positive trend. Market analysts from Bitfinex highlight healthy spot buying and institutional demand, suggesting the rally could continue if the $77,000 support holds. However, risks from a potential Federal Reserve rate hike and macroeconomic factors could pressure prices, making the $77,000-$77,100 support zone critical for maintaining the bullish outlook.

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