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2026-09-17 12:35:28 UTC

oxhak on Nostr: Bitcoin recovered to about $76,362 after a sell-off briefly pushed it below the ...

Bitcoin recovered to about $76,362 after a sell-off briefly pushed it below the $75,000 area. Buyers defended that level after the Federal Reserve raised its benchmark rate by 25 basis points to 3.75%–4.00%. The decision was largely priced in, and Bitcoin consolidated between roughly $75,000 and $77,000 during the session.

The earlier selling followed the U.S. Senate’s failure to advance the CLARITY Act, with a 49–50 procedural vote falling short of the 60 votes needed to begin debate. Technically, Bitcoin remains below the daily Bollinger midpoint at $78,028 and the bearish four-hour Supertrend near $78,597. A sustained move above $77,300 could open tests of $78,000–$78,600, while a break below $75,000 would expose lower support near $74,500.

https://crypto.news/bitcoin-price-forms-recovery-setup-above-75k-support/