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Bitcoin (BTCUSD) Dips Amid Key Technical Test Ahead of Crucial Fed Rate Cut

Cointelegraph Read original source (opens in a new tab)
The Story

News Summary

  • Bitcoin is at a critical support near the 0.382 Fibonacci retracement; a break could lead to a drop toward $76,000.
  • The market awaits the Fed rate cut and outlook, with downside risk outweighing upside amid low volume and volatility compression.
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Stored market data

BTCUSD price history

76436.09 +11.14% over the displayed period

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