Bitcoin Holds $79K Ahead of Fed Decision and Inflation Data
Bitcoin (BTC)
Editor:
Eugene Serbin
bitcoinethereumnews.com reported that Bitcoin (BTC) is consolidating near $79,200, marking a modest 0.8% decrease from the previous day. The asset retreated from a weekly high of $82,000 and is currently fluctuating within a channel between $77,200 and $82,100. Market volume surged approximately 30% to $24.4 billion, with resistance consistently emerging around the $80,500 mark.
Jeff Ko, chief analyst at CoinEx, anticipates continued consolidation with support between $78,000 and $79,000 before a directional breakout occurs. He noted that American spot Bitcoin ETFs attracted $987 million in new investment last week, though he urged caution against interpreting this as authentic accumulation. Ko highlighted that combined inflows reached $1.10 billion, down 32.8% from the prior week, with September 3 alone accounting for $863.2 million.
Analyst Daan Crypto Trades observed that Bitcoin secured a weekly close above critical breakout thresholds, identifying the May peak at $83,000 as the next key resistance level. Stronger-than-expected US employment data raised the probability of a 25 basis point Federal Reserve rate increase to roughly 60%. Joel Kruger of LMAX Group noted that Bitcoin has weathered these conditions without significant technical deterioration. The Federal Open Market Committee will announce its policy determination on September 16, following producer and consumer price statistics.
How the market reacted
Whalio's own Binance spot order flow for BTC, measured when this story was written up on 8 September 2026. Not the outlet's figures.
Whalio data shows Bitcoin trading at $79,112.01 with a 1-hour buy ratio of 52.7%, indicating short-term buying pressure is currently dominant. However, this momentum fades over longer timeframes, as the 4-hour buy ratio drops to 42.0% and the 24-hour ratio sits at 49.0%. The 1-hour volume delta is positive at +$3,719,930, suggesting immediate buying interest, but the 4-hour delta is negative at -$32,584,888, reflecting stronger selling pressure over the last four hours. Over the full 24-hour period, the volume delta is -$16,755,460, and the Cumulative Volume Delta (CVD) closed at -$180,968,459, confirming that sellers have dominated the day’s volume. Net buying occurred in only 8 of the last 24 hours, highlighting a market where selling pressure has largely outweighed buying activity.
The latest daily buy ratio of 46.7% sits at the 18th percentile of the last 322 days, against a median of 49.2% - weaker buying than most days.
Was that an ordinary day?
The same Binance spot measurements for BTC, averaged over the days leading up to the story.
Over the preceding week, the average buy ratio was 50.3%, making today’s 24-hour ratio of 49.0% slightly below the weekly norm by 1.3 points. Spot volume today was 0.75x the weekly average, indicating that trading activity is lighter than usual for this period. While the weekly volume delta was positive at +$105,913,561, today’s negative delta of -$16,755,460 represents a reversal from the broader weekly trend. This suggests that while the week has seen net accumulation, today’s trading session has been characterized by net outflows. The price change over the last 8 days was +0.7%, showing relative stability despite the shift in daily flow direction.