Binance Square
#bitcoinsupportzone

bitcoinsupportzone

52 views
3 Discussing
Zuby - PK
·
--
📉 Bitcoin Tests $76K Support ₿ Bitcoin fell below $77,000, reaching around $76,676, as oil surged above $100 and rising Treasury yields increased Fed-hike concerns. 🛢️ Macro Pressure 🔥 WTI moved above $100 and Brent above $105 amid supply fears. 🏦 Markets priced about a 76% chance of a 25-bps Fed hike. 📈 The 10-year Treasury yield approached 5%, pressuring risk assets. 💥 Crypto Liquidations 🔻 Over 161,900 traders were liquidated, totaling about $568M. 📉 Bitcoin taker selling on Binance exceeded $1.4B in one hour. 🟢 Key Support 📌 Bitcoin is testing the $76K–$82K accumulation zone. ⚠️ Losing this area could expose BTC to deeper $62K–$65K support. 📅 CPI in Focus 🔎 Upcoming US CPI data could drive the next move. Hotter inflation may pressure BTC, while softer data could support a rebound. 🏷️#BitcoinSupportZone #BTCMarketAnalysis #BitcoinPriceAction $BTC {future}(BTCUSDT)
📉 Bitcoin Tests $76K Support

₿ Bitcoin fell below $77,000, reaching around $76,676, as oil surged above $100 and rising Treasury yields increased Fed-hike concerns.

🛢️ Macro Pressure
🔥 WTI moved above $100 and Brent above $105 amid supply fears.
🏦 Markets priced about a 76% chance of a 25-bps Fed hike.
📈 The 10-year Treasury yield approached 5%, pressuring risk assets.

💥 Crypto Liquidations
🔻 Over 161,900 traders were liquidated, totaling about $568M.
📉 Bitcoin taker selling on Binance exceeded $1.4B in one hour.

🟢 Key Support
📌 Bitcoin is testing the $76K–$82K accumulation zone.
⚠️ Losing this area could expose BTC to deeper $62K–$65K support.
📅 CPI in Focus
🔎 Upcoming US CPI data could drive the next move. Hotter inflation may pressure BTC, while softer data could support a rebound.

🏷️#BitcoinSupportZone #BTCMarketAnalysis #BitcoinPriceAction

$BTC
Log in to explore more content
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.
💬 Trusted by the world’s largest crypto exchange.
👍 Discover real insights from verified creators.
Email / Phone number