Bitcoin Is Fighting the $75K Line ⚠️
$BTC slipped below $75K after the Fed held rates at 3.50%–3.75%, but quickly recovered back near $77K.
The pressure is coming from ETFs too.
Spot Bitcoin ETFs saw 3 straight days of outflows, with withdrawals crossing $490M. Fidelity’s FBTC and BlackRock’s IBIT led the redemptions.
Now the key level is simple:
$75,620 = short-term holder cost basis.
Hold it, bulls stay alive.
Lose it, the next shakeout gets louder.
$75K is no longer just support.
It is the market’s confidence line.
#BTC #bitcoin #CryptoNews #etf #FOMC
$BTC slipped below $75K after the Fed held rates at 3.50%–3.75%, but quickly recovered back near $77K.
The pressure is coming from ETFs too.
Spot Bitcoin ETFs saw 3 straight days of outflows, with withdrawals crossing $490M. Fidelity’s FBTC and BlackRock’s IBIT led the redemptions.
Now the key level is simple:
$75,620 = short-term holder cost basis.
Hold it, bulls stay alive.
Lose it, the next shakeout gets louder.
$75K is no longer just support.
It is the market’s confidence line.
#BTC #bitcoin #CryptoNews #etf #FOMC