$BTC is hovering around $78.9K after recovering from the $76.4K low.
The momentum is improving, but ETF outflows are still a short-term headwind. I’m watching $79.6K as the key breakout level, with $77K–$77.7K as support.
Wednesday’s BTC Reserve bill vote could also bring some volatility.
The September Fed meeting is looking more interesting than usual.
The rate decision is already heavily priced in, so I’m paying more attention to the dot plot. If 10+ Fed officials signal another hike in December, markets could start viewing it as a sign that tighter policy is coming back.
That’s the part I’m watching most closely.
The momentum is improving, but ETF outflows are still a short-term headwind. I’m watching $79.6K as the key breakout level, with $77K–$77.7K as support.
Wednesday’s BTC Reserve bill vote could also bring some volatility.
The September Fed meeting is looking more interesting than usual.
The rate decision is already heavily priced in, so I’m paying more attention to the dot plot. If 10+ Fed officials signal another hike in December, markets could start viewing it as a sign that tighter policy is coming back.
That’s the part I’m watching most closely.
