Bitcoin stuck in 5.5% range ahead of Fed decision
- —BTC range is 5.5% over more than 24 sessions, with about 840,000 BTC bought within it
- —Spot BTC ETF outflows over the week were $460 million, with about 5,900 BTC sold
- —Probability of a Fed rate hike on September 16 is 88.5%
- —Shorts are concentrated at $82,000, longs at $75,000–76,000
Why it matters: The Fed decision will set the direction: a return of demand could trigger a breakout higher, while weak ETF flows and rising real yields cap gains.
Source: CryptoPotato