Bitcoin falls below $77,000 as retail whales go long, institutions await Fed
- —Bitcoin fell below $77,000 after rising above $79,500 the previous day
- —Retail whales closed short-term longs at a profit and opened new ones
- —Institutions are not opening positions until the Fed's rate decision
- —Bitcoin's SMA75 closed the gap with growth assets for the first time since August 2025
Why it matters: The asymmetry between retail and institutional whales ahead of the Fed meeting points to high uncertainty over Bitcoin's direction in the coming days.
Source: The Cryptonomist (IT)