BTC is holding in the $76K–$80K range as markets brace for the Sept 16 FOMC decision. Rate hike odds have jumped after hot CPI data, keeping a lid on price — but BTC is still holding above its 200-day MA, so the bigger trend isn't broken.
Key levels:
🔴 Support: $76K–$77K (200-day MA sits near $72.8K)
🟢 Resistance: $80K–$81.7K (reclaim = bullish confirmation)
What's driving it:
• Fed rate hike odds rising
• Sticky inflation (CPI/PPI)
• Rising bond yields
• Geopolitical risk pushing oil higher
• Institutional buying has slowed
Next leg watch: A close above $80K opens the door to $84K+. A break below $76K could send BTC toward $73K.
Expect volatility to spike around the Fed decision. Manage risk, size positions wisely, and DYOR.
Not financial advice.