Bitcoin fails to clear 50-day average, slips to $80,297 intraday
- —The 50-day SMA at $81,831 held as resistance, with an intraday low of $80,297
- —KOSPI gained 6.6%, but Nasdaq and bitcoin did not follow
- —The Fed kept rates at 3.75–4.00%; two members favored a 25 bp hike
- —Binance order books show $3.4 million in bids at the $80,000 level
Why it matters: Failing to reclaim the 50-day average while the Fed holds rates raises the odds of a test of support near $78,000–79,000.
Source: TokenPost