Bitcoin Tops $79,000 Ahead of Fed Meeting, Strategy Didn't Buy BTC
- —BTC trades at $79,480, up 2.1% in 24 hours
- —Strategy kept its 845,050 BTC reserve, repurchasing $139.3 million of STRC
- —Outflows from spot bitcoin ETFs over the week totaled $462.7 million
- —QCP: support at $75,000–76,000, resistance at $80,000–82,000
Why it matters: The market is pricing in a Fed rate hike, and the regulator's rhetoric will determine BTC's next move at key resistance of $80,000.
Source: FXStreet Crypto