🚨 Bitcoin Bulls Must Defend This Level — Or $76,000 Is Next

$BTC

BTC
BTC
90,815.7
+1.10%

Bitcoin is trading around a critical 0.382 Fibonacci support, a zone that often determines whether a bull cycle continues or breaks down.

A failure to hold this level could trigger a deeper correction toward the April low near $76,000, putting long-term market structure at risk.

This comes after a violent weekend liquidation sweep, with BTC dropping below $88,000 before rebounding above $91,500. Many analysts view it as a low-liquidity manipulation event clearing leverage on both sides.

Markets now turn to the FOMC meeting, where a 0.25% rate cut is expected — but sentiment remains weak with falling volume and negative ETF flows.

āš ļø Short-term risk remains elevated while macro uncertainty dominates.

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