๐ Bitcoin Is Holding Strong Despite the Headlines
Bitcoin ($BTC) is showing resilience even after two major market developments:
๐ The Federal Reserve raised rates by 25 basis points, taking the target range to 3.75%โ4.00% โ the first hike in more than three years.
๐ Meanwhile, the CLARITY Act failed to advance in the U.S. Senate, with the procedural vote ending 50โ49.
Yet BTC continues to hold around the $75Kโ$76K zone, keeping the short-term setup interesting.
๐ Potential Long Setup
๐ข Entry Zone: $75,500 โ $76,500
๐ Stop Loss: $74,900
๐ฏ Take Profit 1: $77,000
๐ฏ Take Profit 2: $78,000
The key area to watch is whether BTC can maintain support and reclaim higher levels with strong momentum.
๐ฅ Volatility is likely to remain high, so manage risk carefully and avoid overleveraging.
Not financial advice. Always DYOR before trading.
#BTC๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #BinanceSquare #CryptoTrading #BTCUSDT.P #BitcoinAnalysis
Bitcoin ($BTC) is showing resilience even after two major market developments:
๐ The Federal Reserve raised rates by 25 basis points, taking the target range to 3.75%โ4.00% โ the first hike in more than three years.
๐ Meanwhile, the CLARITY Act failed to advance in the U.S. Senate, with the procedural vote ending 50โ49.
Yet BTC continues to hold around the $75Kโ$76K zone, keeping the short-term setup interesting.
๐ Potential Long Setup
๐ข Entry Zone: $75,500 โ $76,500
๐ Stop Loss: $74,900
๐ฏ Take Profit 1: $77,000
๐ฏ Take Profit 2: $78,000
The key area to watch is whether BTC can maintain support and reclaim higher levels with strong momentum.
๐ฅ Volatility is likely to remain high, so manage risk carefully and avoid overleveraging.
Not financial advice. Always DYOR before trading.
#BTC๐ฅ๐ฅ๐ฅ๐ฅ๐ฅ #BinanceSquare #CryptoTrading #BTCUSDT.P #BitcoinAnalysis
