Wall Street is pushing the new Fed Chair into a tough spot, but is the price jump to near 75,800 USD a chance right before the big moment?
The US Senate has rejected the Clarity Act, and market sentiment is still waiting for the Fed—both of which are putting the buying side on the defensive. Currently, $BTC đ is hovering around 75,969.8 USD (-1.75% in 24h).
From my level-hunting perspective, the 75,800 USD zone is a crucial support level. The scenario of raising rates by 25 basis points to a range of 3.75%–4% has essentially already been priced in. If the new Chair Kevin Warsh doesn’t deliver a sufficiently “hawkish” message, as Wall Street expects, the US dollar may weaken due to inflation worries, which could trigger an upside surge for $BTC .
On the other hand, the risk scenario still remains if the candle decisively breaks below 75,800 USD. With futures markets highly volatile ahead of the news, the top priority right now is to reduce leverage and stay patient—wait for price action in that zone rather than trying to guess the wave.
Brothers and sisters, do you think this $BTC price level is an opportunity or a risk? Check the chart $BTC below! 👇
#BTC #Bitcoin #Phântích #Đầutư
The US Senate has rejected the Clarity Act, and market sentiment is still waiting for the Fed—both of which are putting the buying side on the defensive. Currently, $BTC đ is hovering around 75,969.8 USD (-1.75% in 24h).
From my level-hunting perspective, the 75,800 USD zone is a crucial support level. The scenario of raising rates by 25 basis points to a range of 3.75%–4% has essentially already been priced in. If the new Chair Kevin Warsh doesn’t deliver a sufficiently “hawkish” message, as Wall Street expects, the US dollar may weaken due to inflation worries, which could trigger an upside surge for $BTC .
On the other hand, the risk scenario still remains if the candle decisively breaks below 75,800 USD. With futures markets highly volatile ahead of the news, the top priority right now is to reduce leverage and stay patient—wait for price action in that zone rather than trying to guess the wave.
Brothers and sisters, do you think this $BTC price level is an opportunity or a risk? Check the chart $BTC below! 👇
#BTC #Bitcoin #Phântích #Đầutư
