#bitcoinsupportzone
bitcoinsupportzone
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๐ Bitcoin Tests $76K Support
โฟ Bitcoin fell below $77,000, reaching around $76,676, as oil surged above $100 and rising Treasury yields increased Fed-hike concerns.
๐ข๏ธ Macro Pressure
๐ฅ WTI moved above $100 and Brent above $105 amid supply fears.
๐ฆ Markets priced about a 76% chance of a 25-bps Fed hike.
๐ The 10-year Treasury yield approached 5%, pressuring risk assets.
๐ฅ Crypto Liquidations
๐ป Over 161,900 traders were liquidated, totaling about $568M.
๐ Bitcoin taker selling on Binance exceeded $1.4B in one hour.
๐ข Key Support
๐ Bitcoin is testing the $76Kโ$82K accumulation zone.
โ ๏ธ Losing this area could expose BTC to deeper $62Kโ$65K support.
๐
CPI in Focus
๐ Upcoming US CPI data could drive the next move. Hotter inflation may pressure BTC, while softer data could support a rebound.
๐ท๏ธ#BitcoinSupportZone #BTCMarketAnalysis #BitcoinPriceAction
$BTC
{future}(BTCUSDT)
๐ Bitcoin Tests $76K Support
โฟ Bitcoin fell below $77,000, reaching around $76,676, as oil surged above $100 and rising Treasury yields increased Fed-hike concerns.
๐ข๏ธ Macro Pressure
๐ฅ WTI moved above $100 and Brent above $105 amid supply fears.
๐ฆ Markets priced about a 76% chance of a 25-bps Fed hike.
๐ The 10-year Treasury yield approached 5%, pressuring risk assets.
๐ฅ Crypto Liquidations
๐ป Over 161,900 traders were liquidated, totaling about $568M.
๐ Bitcoin taker selling on Binance exceeded $1.4B in one hour.
๐ข Key Support
๐ Bitcoin is testing the $76Kโ$82K accumulation zone.
โ ๏ธ Losing this area could expose BTC to deeper $62Kโ$65K support.
๐ CPI in Focus
๐ Upcoming US CPI data could drive the next move. Hotter inflation may pressure BTC, while softer data could support a rebound.
๐ท๏ธ#BitcoinSupportZone #BTCMarketAnalysis #BitcoinPriceAction
$BTC
โฟ Bitcoin fell below $77,000, reaching around $76,676, as oil surged above $100 and rising Treasury yields increased Fed-hike concerns.
๐ข๏ธ Macro Pressure
๐ฅ WTI moved above $100 and Brent above $105 amid supply fears.
๐ฆ Markets priced about a 76% chance of a 25-bps Fed hike.
๐ The 10-year Treasury yield approached 5%, pressuring risk assets.
๐ฅ Crypto Liquidations
๐ป Over 161,900 traders were liquidated, totaling about $568M.
๐ Bitcoin taker selling on Binance exceeded $1.4B in one hour.
๐ข Key Support
๐ Bitcoin is testing the $76Kโ$82K accumulation zone.
โ ๏ธ Losing this area could expose BTC to deeper $62Kโ$65K support.
๐ CPI in Focus
๐ Upcoming US CPI data could drive the next move. Hotter inflation may pressure BTC, while softer data could support a rebound.
๐ท๏ธ#BitcoinSupportZone #BTCMarketAnalysis #BitcoinPriceAction
$BTC
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