Bitcoin at $77,000 ahead of Fed decision: $80,000 as key trigger
- —Bitcoin holds near $77,000, with support at $76,000–77,000
- —The market is pricing in a 25 bps Fed rate hike
- —US August CPI: +0.4% m/m and 3.4% y/y
- —A break above $82,000 would open the way up; below $76,000 risks a move to $72,000–74,000
Why it matters: Dovish Fed signals could return BTC to $80,000, while hawkish ones would increase pressure on $76,000.
Source: Cryptonews.net