๐ Bitcoin Daily Update ๐
$BTC is trading around $75.8K, with volatility rising ahead of todayโs Fed rate decision.
BTC is still moving closely with broader risk assets, while markets are pricing in a high probability of a 25 bps rate hike.
๐ฏ Key Levels to Watch
โฌ๏ธ Resistance: $78,390 / $79,950 / $80,600
โฌ๏ธ Support: $76,040 / $75,300 / $73,900
If selling pressure continues, the $68Kโ$70K zone remains a possible downside area to watch. On the higher timeframe, reclaiming the $82Kโ$83K region would be important for confirming stronger bullish momentum.
โ ๏ธ Expect volatility around the Fed decision.
Do you think BTC will reclaim $78K after the announcement, or test lower support first?
#bitcoin n #BTC #BTCUSDT #Crypto #BitcoinAnalysis
$BTC is trading around $75.8K, with volatility rising ahead of todayโs Fed rate decision.
BTC is still moving closely with broader risk assets, while markets are pricing in a high probability of a 25 bps rate hike.
๐ฏ Key Levels to Watch
โฌ๏ธ Resistance: $78,390 / $79,950 / $80,600
โฌ๏ธ Support: $76,040 / $75,300 / $73,900
If selling pressure continues, the $68Kโ$70K zone remains a possible downside area to watch. On the higher timeframe, reclaiming the $82Kโ$83K region would be important for confirming stronger bullish momentum.
โ ๏ธ Expect volatility around the Fed decision.
Do you think BTC will reclaim $78K after the announcement, or test lower support first?
#bitcoin n #BTC #BTCUSDT #Crypto #BitcoinAnalysis
