$BTC Breaks Below Range — But Not Confirmed Yet 📉
Bitcoin slipped to ~$76K this week (-4.6%), falling below the True Market Mean at $76.7K for the first time since August. The drop came despite a rough news cycle: the CLARITY Act failed in the Senate, a Fed hike is priced in, and altcoins sold off harder than BTC.
What's missing: fresh demand.
🔸 On-chain capital inflows stalled after 27 straight days of growth — first outflow in 28 days
🔸 Spot ETFs flipped negative (~$334M outflow last week)
🔸 Stablecoin supply flat near $301B — not growing fast enough to fuel a breakout
🔸 Corporate treasuries barely buying (5.9K BTC in 3 months vs 89K BTC in July 2025), and their avg cost basis ($80.5K) now sits above price
🔸 Options flipped to paying for downside right after the Senate vote; max pain at $72K, call wall capping upside at $85K
Key levels to watch:
🟢 Reclaim + hold above $76.7K → range stays alive
🔴 Second daily close below $76.7K → confirms breakdown
📍 Next support: $71.3K (STH cost basis), then thin book down to $62K–$65K
Not financial advice — just reading the data. Stay sharp out there.
#FedRateWatch #Bitcoin #BTC #Crypto $BTC
Bitcoin slipped to ~$76K this week (-4.6%), falling below the True Market Mean at $76.7K for the first time since August. The drop came despite a rough news cycle: the CLARITY Act failed in the Senate, a Fed hike is priced in, and altcoins sold off harder than BTC.
What's missing: fresh demand.
🔸 On-chain capital inflows stalled after 27 straight days of growth — first outflow in 28 days
🔸 Spot ETFs flipped negative (~$334M outflow last week)
🔸 Stablecoin supply flat near $301B — not growing fast enough to fuel a breakout
🔸 Corporate treasuries barely buying (5.9K BTC in 3 months vs 89K BTC in July 2025), and their avg cost basis ($80.5K) now sits above price
🔸 Options flipped to paying for downside right after the Senate vote; max pain at $72K, call wall capping upside at $85K
Key levels to watch:
🟢 Reclaim + hold above $76.7K → range stays alive
🔴 Second daily close below $76.7K → confirms breakdown
📍 Next support: $71.3K (STH cost basis), then thin book down to $62K–$65K
Not financial advice — just reading the data. Stay sharp out there.
#FedRateWatch #Bitcoin #BTC #Crypto $BTC
