Bitfinex: Bitcoin may test $76,000 and $82,000 after Fed decision
- —Shorts above $82,000 rose 43%, with $1.95 billion at risk of liquidation
- —Longs are concentrated at $75,000–76,000, and a downside break would accelerate the decline
- —Long-term BTC holder selling has fallen sharply since August
- —Inflows into U.S. spot Bitcoin ETFs in the week to September 4 were $986.7 million
Why it matters: High volatility is expected after the Fed meeting: a break above $82,000 could accelerate gains on a short squeeze, while a drop below $76,000 could trigger a cascade of long liquidations.
Source: crypto.news