Bitcoin has slipped below the $80,000 mark, raising a big question for crypto investors: is the recent rally finally losing momentum? 👀₿
On September 8, Bitcoin was trading around $78,800, down more than 1% during the day. Most major cryptocurrencies also moved lower.
So, what's putting pressure on Bitcoin?
• 📈 Higher Treasury yields are making risky assets less attractive.
• 🏦 Traders now see around a 60% chance of a Fed rate hike next week.
• 📊 Upcoming US inflation data could create even more volatility.
• ⚠️ Bitcoin's $77,000 level is now an important support zone.
But the rally isn't necessarily over. Bitcoin is still holding some of its recent gains, and analysts say the market hasn't suffered major technical damage yet.
The big question now is simple: Can Bitcoin reclaim $80K, or will sellers push it toward $77K? 🔥
Bitcoin ki recent rally ko ek bada jhatka laga hai! ₿📉
Bitcoin phir se $80,000 ke neeche aa gaya, aur September 8 ko ye around $78,800 par trade kar raha tha. Din mein 1% se zyada ki girawat bhi dekhi gayi.
Lekin Bitcoin par pressure kyun hai?
• 🏦 Fed rate hike ka fear wapas aa gaya hai. Traders ab around 60% chance de rahe hain ki Fed next week rates badha sakta hai.
• 📈 US Treasury yields badh rahe hain, jisse risky assets par pressure aata hai.
• 📊 Is week US inflation data aane wala hai, jo crypto market ko hila sakta hai.
• ⚠️ Bitcoin ke liye $77,000 ek important support level ban gaya hai.
Interesting baat ye hai ki rally completely khatam nahi hui hai. Bitcoin abhi bhi apne recent gains ka kuch hissa hold kar raha hai.
Ab asli sawaal: Bitcoin $80K wapas cross karega… ya $77K test karega? 👀🔥