
Bitcoin bounces 9% off $74,967 low as Fed rate hike fails to deter bulls
- —BTC hit $74,967 on Sept. 15, then rallied 9.21% in under a week
- —First weekly close above the 52-week moving average since November 2025
- —The March 2023 crossover preceded a run from $28K to $126K
- —A short-liquidation cluster at $83K-$86K could fuel further upside
Why it matters: Reclaiming the 52-week average has historically marked bull-cycle starts; a cascade of short liquidations above $83K could accelerate the move.
Source: AMBCrypto