📉 Bitcoin Tests $76K Support
₿ Bitcoin fell below $77,000, reaching around $76,676, as oil surged above $100 and rising Treasury yields increased Fed-hike concerns.
🛢️ Macro Pressure
🔥 WTI moved above $100 and Brent above $105 amid supply fears.
🏦 Markets priced about a 76% chance of a 25-bps Fed hike.
📈 The 10-year Treasury yield approached 5%, pressuring risk assets.
💥 Crypto Liquidations
🔻 Over 161,900 traders were liquidated, totaling about $568M.
📉 Bitcoin taker selling on Binance exceeded $1.4B in one hour.
🟢 Key Support
📌 Bitcoin is testing the $76K–$82K accumulation zone.
⚠️ Losing this area could expose BTC to deeper $62K–$65K support.
📅 CPI in Focus
🔎 Upcoming US CPI data could drive the next move. Hotter inflation may pressure BTC, while softer data could support a rebound.
🏷️
#BitcoinSupportZone #BTCMarketAnalysis #BitcoinPriceAction $BTC