๐ Bitcoin ($BTC ) Latest Analysis
Bitcoin is trading around $76.4K, up roughly 1% today, but still down about 2.7% over the past week.
๐น Support: $75Kโ$76K
๐น Resistance: $77.5Kโ$80K
๐น Short-term view: Neutral to slightly bearish
The Fedโs recent 25-basis-point rate hike is keeping pressure on risk assets, although $BTC has shown some resilience around the $76K area.
โ ๏ธ A break below $75K could increase selling pressure, while reclaiming $80K would strengthen the short-term structure.
#ElSalvadorBTCHoldingsRiseTo7777 #OstiumLoanDisputeHearingSetInNYFederalCourt #BinanceSquareTalks
Bitcoin is trading around $76.4K, up roughly 1% today, but still down about 2.7% over the past week.
๐น Support: $75Kโ$76K
๐น Resistance: $77.5Kโ$80K
๐น Short-term view: Neutral to slightly bearish
The Fedโs recent 25-basis-point rate hike is keeping pressure on risk assets, although $BTC has shown some resilience around the $76K area.
โ ๏ธ A break below $75K could increase selling pressure, while reclaiming $80K would strengthen the short-term structure.
#ElSalvadorBTCHoldingsRiseTo7777 #OstiumLoanDisputeHearingSetInNYFederalCourt #BinanceSquareTalks
