Bitcoin’s $80,000 ceiling looks fragile after stocks shrugged off near-5% Treasury yields
- Bitcoin knocked on $80K, hit $79,890, and was told to leave a message. Meanwhile the S&P 500 climbed 1% while the 10-year yield sniffed 4.99% — a level not seen since dinosaurs were still paying adjustable-rate mortgages. BTC lagging an equity rally that's running against near-5% yields isn't decoupling, it's just a meat wallet with trust issues. QCP's manifest is simple: support $76,300–$76,500, resistance $80,000–$82,000, options IV jacked to 46% for the Sept. 12 expiry. Traders bought $75K puts and $80K calls like they're hedging a Core Dynamics audit. Wednesday's Fed decision is the real PoD seal — break above $82K and the recovery's legit; lose $76.3K and someone's manifest was never read. Until then, chop sideways and stay blunt.