🟠 Bitcoin ($BTC ) after reaching $75k is undergoing a slight correction, consolidating around $73.8k – $74.1k. The market is currently "holding its breath" waiting for the results of the Federal Reserve (FOMC) meeting.
🔥 Notable points:
• The interest rate decision & comments from Jerome Powell will determine the next direction.
• MicroStrategy continues to plan to accumulate more BTC → long-term support.
• BTC ETFs are still maintaining positive inflow.
• The cash flow is spreading to Layer 2 & Web3 as BTC moves sideways.
• The government is preparing to finalize the crypto legal framework → opening up new capital flows.
📊 Areas to pay attention to:
Support: $73.5k – $73.8k
Strong support: $72.5k – $73k
Resistance: $74.8k – $75.2k
Strong resistance: $76.5k – $77k
⚠️ This article is for reference only. If you read this and place a trade at the peak, then… surely the market has just read the same article as you 😄