🚨 Warsh Was Hawkish — Bitcoin Drops Below $78K

Kevin Warsh’s Jackson Hole speech delivered a more hawkish message than many Bitcoin bulls expected.

• 📈 September rate-hike expectations increased
• 💵 The U.S. dollar and Treasury yields moved higher
• 📉 BTC dropped below $78K
• ⚠️ $77K–$78K is now a key area to watch

Bitcoin is currently trading around $77.4K, after briefly testing the $76.9K area.

📊 Key Levels

🔴 Resistance: $79.5K–$80K
🟢 Support: $76.9K–$77K
⚠️ Next key zone: $75K area if support breaks

The big question now:

Can BTC reclaim $80K, or will sellers push price lower first?

👇 What’s your view — bounce from $77K or another leg lower?

$BTC

#Bitcoin #JacksonHole #Fed #Crypto #BinanceSquare