#BTCDrops3.4%To$77383
🔥 HAWKISH FED TRIGGERS CRYPTO PULLBACK
Bitcoin slipped back below $78,000 following hawkish remarks from Fed Chair Kevin Warsh at Jackson Hole. Higher rate expectations bumped the US Dollar up and triggered nearly $500M in long liquidations across the market.
Key support rests around $76,500–$77,000. Bulls need to reclaim $80,000 to reopen upside momentum.
Don't jump into falling knives. Wait for the market to absorb the liquidation cascade and confirm a solid higher-low on the 4H chart before looking for long entries.
CLICK BELOW TO TRADE: $BTC
⚠️ NFA. DYOR. Manage your risk.
#Bitcoin #CryptoMarket #FederalReserve
🔥 HAWKISH FED TRIGGERS CRYPTO PULLBACK
Bitcoin slipped back below $78,000 following hawkish remarks from Fed Chair Kevin Warsh at Jackson Hole. Higher rate expectations bumped the US Dollar up and triggered nearly $500M in long liquidations across the market.
Key support rests around $76,500–$77,000. Bulls need to reclaim $80,000 to reopen upside momentum.
Don't jump into falling knives. Wait for the market to absorb the liquidation cascade and confirm a solid higher-low on the 4H chart before looking for long entries.
CLICK BELOW TO TRADE: $BTC
⚠️ NFA. DYOR. Manage your risk.
#Bitcoin #CryptoMarket #FederalReserve
