Bitcoin Price Tests $75K as Supertrend Turns Bearish
Bitcoin’s short-term trend turned bearish as traders weighed a 25-basis-point Federal Reserve hike and a failed Senate vote on crypto market rules.
4 Articles
4 Articles
Bitcoin price tests $75K as Supertrend turns bearish
Bitcoin price traded near $76,200 after a volatile week as the failed CLARITY Act vote and the Federal Reserve’s rate increase kept pressure on the market. Technical indicators now point to resistance near $78,600, while liquidation data places the main…
Bitcoin price forms recovery setup above $75K support
Bitcoin price stabilized above $76,000 after buyers defended the $75,000 area, while improving 4-hour momentum and nearby liquidity at $77,000 pointed to a possible short-term rebound. Bitcoin price action today According to data from crypto.news, Bitcoin (BTC) price was trading…
The monetary environment becomes more "demanding," as analysts warn. Still, with little room to digest the US Senate's rejection of the law to regulate the cryptic market, bitcoin even receives upwards the rise of types and aggressive messages from the Fed. Read
Key Points: Despite continued negative news, the price is consolidating at 76,000. Clarity is rejected, but the SEC and CFTC will proceed with rule-making. BTC resists further declines despite FOMC interest rate hikes. A decline in long-term interest rates could lead to expectations of a BTC rebound. ... The post Bitcoin resists further declines despite Clarity rejection and Fed interest rate hikes [Rakuten Wallet Daily Report] first appeared on…
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