Bitcoin Price Prediction: Is BTC About to Break Above $80K or Crash Below $72K?
💹 Bitcoin remains resilient around $76.7K despite the Federal Reserve's recent rate hike, maintaining its broader bullish structure above the critical $72K-$74K support zone.
📉 The daily and 4-hour charts indicate a corrective phase with lower highs and lows, but a potential breakout above the $78K-$79K trendline could signal the end of the short-term downtrend.
📊 The negative Coinbase Premium Index suggests weak U.S. spot demand, indicating caution in the market, as Bitcoin's current stability is not strongly supported by aggressive buying.
💹 Bitcoin remains resilient around $76.7K despite the Federal Reserve's recent rate hike, maintaining its broader bullish structure above the critical $72K-$74K support zone.
📉 The daily and 4-hour charts indicate a corrective phase with lower highs and lows, but a potential breakout above the $78K-$79K trendline could signal the end of the short-term downtrend.
📊 The negative Coinbase Premium Index suggests weak U.S. spot demand, indicating caution in the market, as Bitcoin's current stability is not strongly supported by aggressive buying.