Bitcoin stabilizes above $76K after buyers defended the $75,000 area. The price traded near $76,362 at the time of writing.
It moved between $76,055 and $76,774. The session followed a decline below $75,000. Buyers then stepped in.
Why Bitcoin stabilizes above $76K matters
The rebound came after the Fed raised rates. Specifically, it was the first increase in three years. The benchmark range rose by 25 basis points to 3.75%–4.00%. Projections showed 16 of 18 officials expected another increase in 2026.
The decision was largely priced in. Therefore, Bitcoin avoided another sharp decline during Kevin Warsh’s press conference. Instead, it protected $75,000. It then consolidated between $75,000 and $77,000.
Earlier selling followed the Senate’s failure to advance the CLARITY Act. The procedural vote ended 49–50. The bill fell 11 votes short of the 60 required. The proposal sought to divide oversight between the SEC and CFTC.
Fed decision leaves Bitcoin below daily resistance
The daily chart shows Bitcoin remains weaker. It holds above $75,000 nevertheless. Price trades below the Bollinger Band midpoint at $78,028. That now acts as the first major barrier.
Bitcoin is also close to the lower Bollinger Band at $75,1513. The recent test attracted buyers. However, another close below it could expose a deeper correction. The upper band stands near $80,892.
Daily RSI readings provide a mixed signal. The RSI stands at 51.56, near neutral. Its moving average remains higher at 57.63. Momentum has cooled from overbought conditions. It has not fallen into oversold territory yet.
The setup suggests consolidation rather than a recovery. A move above the Bollinger midpoint would improve structure. A break under $75,000 would give sellers control again.
4-hour momentum points to a possible rebound
The 4-hour chart shows early signs of easing selling. The MACD histogram moved slightly positive at 65. The MACD line stands at minus 306 The signal line is at minus 370.
The crossover shows short-term momentum improving. Both lines remain below zero nevertheless. Bitcoin needs continued buying for a broader reversal.
The 4-hour Supertrend remains bearish at $78,494. Price also sits just below $76,667. Therefore, the $76,650–$77,000 zone is the first barrier.
A close above that range could test $77,300. The Supertrend near $78,600 would follow. Failure to clear $77,000 would keep $75,000 vulnerable.
Liquidation levels place $77K in focus
The three-day CoinGlass liquidation heatmap shows a dense band. It sits near $76,800–$77,000. Another larger concentration sits between $77,500 and $78,000.
Liquidity becomes heavier around $80,000. Additional clusters extend toward $82,000. Traders monitor such areas because forced closures can accelerate moves.
Crypto trader Daan Crypto Trades commented. He said Bitcoin removed most liquidity below the market. It swept the August lows. He identified $80,000 and $82,000 as the largest remaining clusters.
“The big clusters that are left in this range sit at $80K & $82K,” he said.
Those targets remain distant while Bitcoin trades around $76,000. A recovery through $77,000 and $78,600 is needed first. On the downside, another strong band sits near $74,700–$75,000.
Analysts watch $77.3K as the next trigger
Analyst Lennaert Snyder said defending $75,000 supported a possible long setup. He added that recent declines attracted short positions. This creates conditions for a squeeze if the market moves higher.
“I’m looking to scalp-long towards the 77.3K POC first,” Snyder said. “Reclaiming that is the next bullish trigger.”
Snyder identified $74,500 as alternative support if Bitcoin sweeps lower. A loss of that region would weaken the rebound case. It would bring the short-term holder cost basis near $71,300 into focus.
The immediate structure depends on reclaiming $77,300. A move above could open $78,000–$78,600. A 4-hour close above the Supertrend could support a recovery toward $80,000.
A rejection below $77,000 would keep $75,000 exposed. Losing that level could trigger another sweep toward $74,500. $71,300 becomes the larger downside level if selling accelerates.
