đš BITCOIN SURVIVES THREE MAJOR SHOCKS â BACK ABOVE $80K
Bitcoin faced a tough week, but BTC recovered sharply after the CLARITY Act setback, the Fedâs rate hike and the Bank of Japanâs rate hike.
đ Key Points:
âą BTC briefly dropped to around $75K
âą Fed raised rates by 25 bps to 3.75%â4%
âą BOJ raised rates by 25 bps to 1.25%
âą CLARITY Act failed to advance in the Senate
âą BTC recovered above $81K by Friday
âą $80K is now a key level to defend
âą $81.7K is the next major test highlighted by CryptoPotato
đ Market Insight:
Bitcoinâs recovery shows notable resilience despite multiple macro and regulatory headwinds. The key question now is whether BTC can hold above $80K and decisively reclaim $81.7K.
#bitcoin #BTC #CryptoMarket #BitcoinNews #crypto $BTC
Bitcoin faced a tough week, but BTC recovered sharply after the CLARITY Act setback, the Fedâs rate hike and the Bank of Japanâs rate hike.
đ Key Points:
âą BTC briefly dropped to around $75K
âą Fed raised rates by 25 bps to 3.75%â4%
âą BOJ raised rates by 25 bps to 1.25%
âą CLARITY Act failed to advance in the Senate
âą BTC recovered above $81K by Friday
âą $80K is now a key level to defend
âą $81.7K is the next major test highlighted by CryptoPotato
đ Market Insight:
Bitcoinâs recovery shows notable resilience despite multiple macro and regulatory headwinds. The key question now is whether BTC can hold above $80K and decisively reclaim $81.7K.
#bitcoin #BTC #CryptoMarket #BitcoinNews #crypto $BTC
