After a 25-basis-point rate hike, BTC falls below $75,000; analysts are divided on their outlook
On September 17, the U.S. Federal Reserve’s FOMC announced a rate hike of 25 basis points as expected, raising the target range for the federal funds rate to 3.75%-4%. The move is intended to address inflation pressures by continuing the Fed’s monetary tightening policy path.
After the announcement, Bitcoin saw sharp volatility and briefly dipped below $75,000. As of now, BTC has rebounded to around $76,400 and is consolidating.
Notably, although this rate hike was widely in line with market expectations, the latest dot plot released with the decision shows that Fed officials expect at least one more rate hike from 2026 onward.
This suggests that if the remaining tightening space has not yet been fully priced in by the market, uncertainty in the policy path remains a core variable the crypto market will face going forward.
Following the rate hike, analysts’ views on the market’s next moves are mixed. Specifically, analyst “Doctor Profit” is bullish, arguing that Bitcoin has already bottomed at $57,000 and that $71,000 is the “maximum pain” support level. His medium-term target points to $88,000;
Meanwhile, analyst Ali Martinez is more cautious. He noted that the cost basis line for short-term holders at $71,200 is a key level to watch. If prices dip further, that region could be viewed as a potential buying area.
At the current critical time point, the focus of market debate has shifted from “whether to hike” to “whether this rate hike is an isolated event or the start of a new tightening cycle.”
For the crypto market, what will truly determine the market’s subsequent direction is not this already-implemented 25-basis-point hike, but rather changes in future inflation data and market speculation about the Fed’s next move.
#美联储货币政策路径
On September 17, the U.S. Federal Reserve’s FOMC announced a rate hike of 25 basis points as expected, raising the target range for the federal funds rate to 3.75%-4%. The move is intended to address inflation pressures by continuing the Fed’s monetary tightening policy path.
After the announcement, Bitcoin saw sharp volatility and briefly dipped below $75,000. As of now, BTC has rebounded to around $76,400 and is consolidating.
Notably, although this rate hike was widely in line with market expectations, the latest dot plot released with the decision shows that Fed officials expect at least one more rate hike from 2026 onward.
This suggests that if the remaining tightening space has not yet been fully priced in by the market, uncertainty in the policy path remains a core variable the crypto market will face going forward.
Following the rate hike, analysts’ views on the market’s next moves are mixed. Specifically, analyst “Doctor Profit” is bullish, arguing that Bitcoin has already bottomed at $57,000 and that $71,000 is the “maximum pain” support level. His medium-term target points to $88,000;
Meanwhile, analyst Ali Martinez is more cautious. He noted that the cost basis line for short-term holders at $71,200 is a key level to watch. If prices dip further, that region could be viewed as a potential buying area.
At the current critical time point, the focus of market debate has shifted from “whether to hike” to “whether this rate hike is an isolated event or the start of a new tightening cycle.”
For the crypto market, what will truly determine the market’s subsequent direction is not this already-implemented 25-basis-point hike, but rather changes in future inflation data and market speculation about the Fed’s next move.
#美联储货币政策路径
