Markets· ★★★· bearish·

Wintermute: Bitcoin could fall to $70K if $76K support breaks

  • —A break below $76K support opens the door to $70K
  • —BTC has fallen three weeks in a row, testing $80K three times
  • —$82,500 has flipped from support to resistance
  • —A return to $82K is possible without a December rate-hike signal
Why it matters: The Fed meeting and Warsh's rate guidance will decide whether bitcoin holds $76K or slides toward $70K.
Source: Bits.media