Bitcoin’s next breakout will depend on whether investors treat $80K as relief, resistance, or the start of a new recovery

Bitcoin headed into the Federal Reserve’s rate decision this week after failing to cleanly reclaim $80,000, with the institutional bid that fueled its April recovery now visibly softening. Spot ETF flows have been volatile, the price is sitting below the on-chain levels that define whether recent buyers are profitable, and Jerome Powell’s press conference was most likely his final one as Fed chair. Taken together, th…