Bitcoin Price Prediction: Is BTC About to Break Above $80K or Crash Below $72K?
Bitcoin has absorbed a fresh macro shock without losing its broader post-breakout structure. The Federal Reserve raised its target rate by 25 basis points to 4.00% on Wednesday, a tightening move that also strengthened the dollar and pushed Treasury yields higher.
Despite this traditionally challenging backdrop for risk assets, BTC continues to trade around $76.7K, although buyers have yet to regain clear control.
Bitcoin Price Analysis: The Daily Chart On the daily timeframe, Bitcoin remains in a corrective phase after being rejected by the major $80.5K-$82.3K resistance zone.
Price has gradually moved lower from the September peak, but the decline has so far been relatively controlled, with BTC still comfortably above the key $72K-$74K support region. This resilience is particularly notable following the Fed’s 25-basis-point rate increase.
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