Bitcoin Holds 21-Week EMA Reclaim at $77.6K, Probes $80K Breakout

Bitcoin trades near $77.6k–$77.7k after closing its weekly candle above the 21-week EMA for the first time since October 2025, a key technical reclaim reducing deeper retest risks. The 20-week SMA at $76,550 offers nearby support, with $73k flagged as critical and liquidity active in the $70k–$80k range. CryptoQuant data shows institutional accumulation bolstering a realized-price floor at $55.3k and spot squeeze near $62.8k. Upcoming FOMC decision, Powell's final meeting, inflation, and PMI data may spark volatility to test $79k–$80k resistance.