📉 BTC HOLDS $64,500 — DID THE FED WARN OF THIS DROP?
The Fed’s Financial Stability Report, released on Nov. 13, ranked AI as the No. 1 risk: 87% of the 23 experts surveyed named AI, up from 50% in May. The second-biggest risk: a correction in risky assets (52%). The Fed noted that AI debt has exceeded $680 billion, leases not yet commenced exceed $1 trillion, and guarantees exceed $2 trillion.
Three days later, the market played out that exact scenario: BTC fell to $62,006 over the weekend — its lowest level in 3 months — before recovering to around $64,500. The weekly candle closed below the 200-week MA (~$67,850), marking the 6th consecutive down week.
📍 Support: $64,400 → $62,000–$63,500 → $60,000
📍 Resistance: $65,000–$66,600 → $67,850 (200-week MA) → $73,000 (200-day MA)
RSI ~22, deeply oversold; Fear & Greed at just 10.
This week: Warsh speaks tonight, Nvidia reports Tuesday, Fed minutes Wednesday, Anthropic IPO Thursday, and options expiry Friday (max pain $73,000).
$NEXO fell 3.52% in 24h to ~$0.66 — the biggest drop among the top 100.
Do you think $62,000 will hold this week? 👇
#CryptoNews #Bitcoin #Fed #BTC
⚠️ Market information, not investment advice.
The Fed’s Financial Stability Report, released on Nov. 13, ranked AI as the No. 1 risk: 87% of the 23 experts surveyed named AI, up from 50% in May. The second-biggest risk: a correction in risky assets (52%). The Fed noted that AI debt has exceeded $680 billion, leases not yet commenced exceed $1 trillion, and guarantees exceed $2 trillion.
Three days later, the market played out that exact scenario: BTC fell to $62,006 over the weekend — its lowest level in 3 months — before recovering to around $64,500. The weekly candle closed below the 200-week MA (~$67,850), marking the 6th consecutive down week.
📍 Support: $64,400 → $62,000–$63,500 → $60,000
📍 Resistance: $65,000–$66,600 → $67,850 (200-week MA) → $73,000 (200-day MA)
RSI ~22, deeply oversold; Fear & Greed at just 10.
This week: Warsh speaks tonight, Nvidia reports Tuesday, Fed minutes Wednesday, Anthropic IPO Thursday, and options expiry Friday (max pain $73,000).
$NEXO fell 3.52% in 24h to ~$0.66 — the biggest drop among the top 100.
Do you think $62,000 will hold this week? 👇
#CryptoNews #Bitcoin #Fed #BTC
⚠️ Market information, not investment advice.
