Bitcoin holds near $77,600 ahead of Fed meeting
- —BTC gained 0.5% in 24 hours to trade near $77,600, down 2.9% for the week
- —US spot bitcoin ETF outflows: $46.6M on September 8, $120.2M on the 9th and $282.7M on the 10th
- —Open interest in BTC futures is about $50.9 billion
- —Resistance zone is $80,000-$82,000, support is $76,350-$77,000
Why it matters: The outcome of the Fed meeting will determine whether BTC breaks through $80,000 resistance or falls toward $75,000 support.
Source: Invezz