📊 BTC Daily Update — Sep 12
BTC: ~$77.2K — price is holding around the $77K area after a pullback from ~$78K.
🔥 What’s moving the market?
🇺🇸 US CPI came in at 3.4% YoY, keeping inflation concerns alive. Markets are now heavily pricing a Fed rate hike next week. �
🛢️ Oil remains elevated because of Middle East tensions, adding more inflation pressure.
BTC levels 👀
🟢 Above $78K → bullish momentum could strengthen
🔴 Below $76.5K → weakness may increase
⚠️ Between $76.5K–$78K → chop/range territory
My take: BTC is resilient despite the hawkish macro backdrop, but next week’s FOMC decision is the bigger catalyst.
Are you bullish or bearish on BTC going into FOMC? 👇
#Bitcoin #BTC #Crypto #FOMC #Fed #Trading
BTC: ~$77.2K — price is holding around the $77K area after a pullback from ~$78K.
🔥 What’s moving the market?
🇺🇸 US CPI came in at 3.4% YoY, keeping inflation concerns alive. Markets are now heavily pricing a Fed rate hike next week. �
🛢️ Oil remains elevated because of Middle East tensions, adding more inflation pressure.
BTC levels 👀
🟢 Above $78K → bullish momentum could strengthen
🔴 Below $76.5K → weakness may increase
⚠️ Between $76.5K–$78K → chop/range territory
My take: BTC is resilient despite the hawkish macro backdrop, but next week’s FOMC decision is the bigger catalyst.
Are you bullish or bearish on BTC going into FOMC? 👇
#Bitcoin #BTC #Crypto #FOMC #Fed #Trading
