The essentials: Why is BTC declining? $BTC 📉

Bitcoin ($BTC) is under macroeconomic pressure. Here’s the summary:

1️⃣ Fed: Interest rates remain stable (3.5% - 3.75%). No immediate cuts expected in 2026.

2️⃣ Inflation: Revised upward (2.7%). The cost of energy keeps pressure on the economy.

3️⃣ Impact: BTC corrects by 5% and tests key supports.

Critical zones: 🧐

Support: $69,800 (Potential buying zone?).

Resistance: $74,000 (Recovery signal).

Strategy: Be cautious of volatility. Is this just a correction or the start of a longer decline? Share your thoughts! 👇

BTCUSDT

Perp

66,619.9

+0.36%