Bitcoin has held near $77,000 as investors have reduced risk before the Federal Reserve’s Sept. 16 policy decision, with analysts watching $76,000 support and $83,000 resistance.
Summary
- Bitcoin remains range-bound as markets price in an 86%–87% chance of a 25-basis-point Fed hike.
- Analysts identify $76,000 and $83,000 as the levels needed to confirm Bitcoin’s next direction.
- U.S. spot Bitcoin ETFs recorded about $463 million in net outflows last week.
- A possible Bank of Japan hike could tighten yen funding and pressure leveraged crypto positions.
Nansen senior research analyst Nicolai Søndergaard told crypto.news that Bitcoin traders have adopted a…
