Following the Fed decision, the initial risk-off reaction across markets has eased. Bitcoin has stabilised as uncertainty recedes, but the previous sell-off has not yet been fully absorbed. A firmer US dollar and continued pressure from the bond market remain headwinds.
Between June and August, Bitcoin formed a second base with an increasingly narrow trading range. The breakout in mid-August came with noticeably higher volume and pushed price back above the previous correction high, bringing it into parity with the prior short-term downtrend. That improved the picture, but it did not yet establish a confirmed trend reversal.
The breakout impulse is now being consolidated. The failed Clarity Act added pressure, but so far it has not triggered a decisive move lower. Volume has recently been less supportive, although buyers have repeatedly stepped in near the lower end of the range.
The relevant levels are clear: support around $75,500 remains intact, while the upper range boundary near $81,500 continues to cap price. As long as Bitcoin remains between these two levels, there is no directional signal.
A sustained break below $75,500 would increase the probability of a return into the former base zone between roughly $60,000 and $65,000.
A break above $81,500 would shift attention back to a potential trend reversal. The next targets would be in the $92,000 to $96,000 area, followed by the psychologically important $100,000 level.
A sustained move above $100,000 would also clear the second correction high and confirm the broader reversal. That would make advances towards $110,000 and $120,000 increasingly likely.
Between June and August, Bitcoin formed a second base with an increasingly narrow trading range. The breakout in mid-August came with noticeably higher volume and pushed price back above the previous correction high, bringing it into parity with the prior short-term downtrend. That improved the picture, but it did not yet establish a confirmed trend reversal.
The breakout impulse is now being consolidated. The failed Clarity Act added pressure, but so far it has not triggered a decisive move lower. Volume has recently been less supportive, although buyers have repeatedly stepped in near the lower end of the range.
The relevant levels are clear: support around $75,500 remains intact, while the upper range boundary near $81,500 continues to cap price. As long as Bitcoin remains between these two levels, there is no directional signal.
A sustained break below $75,500 would increase the probability of a return into the former base zone between roughly $60,000 and $65,000.
A break above $81,500 would shift attention back to a potential trend reversal. The next targets would be in the $92,000 to $96,000 area, followed by the psychologically important $100,000 level.
A sustained move above $100,000 would also clear the second correction high and confirm the broader reversal. That would make advances towards $110,000 and $120,000 increasingly likely.
Pernyataan Penyangkalan
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Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.