Bitcoin under pressure ahead of the US Federal Reserve’s interest rate decision
Interest rate announcement: 9:00 PM Saudi time
Bitcoin is trading at $80,470 after retreating from $81,823, as markets await the Fed’s decision and its impact
Support: $80,000, then $79,500
Resistance: $80,920, then $81,400
A break below $80,000 could increase selling pressure, while a move back above $80,920 could support a price rebound.
The short-term trend is leaning bearish, and volatility may rise after the rate announcement and the Fed’s remarks
#BTC $BTC #Binance #GoogleToPreviewCryptoCustodySecuritySystem #FedToBeginShrinkingRateSettingCalendarIn2027 #CanMicrosoftDeliverOnAI
Interest rate announcement: 9:00 PM Saudi time
Bitcoin is trading at $80,470 after retreating from $81,823, as markets await the Fed’s decision and its impact
Support: $80,000, then $79,500
Resistance: $80,920, then $81,400
A break below $80,000 could increase selling pressure, while a move back above $80,920 could support a price rebound.
The short-term trend is leaning bearish, and volatility may rise after the rate announcement and the Fed’s remarks
#BTC $BTC #Binance #GoogleToPreviewCryptoCustodySecuritySystem #FedToBeginShrinkingRateSettingCalendarIn2027 #CanMicrosoftDeliverOnAI
