Fed decision day, part two — and $80K is still the line. ⚡
Bitcoin is trading near $80,100 this morning, after dipping to ~$79,600 overnight. Yesterday it spiked above $81,700 right after the Fed held rates at 3.75–4% (10–2 vote, two dissenters wanting a hike), then gave it back as tech earnings — Samsung, Alphabet — dragged risk sentiment down. Chair Warsh gave no December signal. The next data point, September PCE, is still ahead.
Underneath, demand through listed products held up: U.S. spot Bitcoin ETFs took in $137M on Wednesday, a third straight day of inflows — $424M over three sessions. The concentration is the caveat: $136M of Wednesday's flow came through IBIT alone. Broad participation is still thin.
Levels, not predictions: $80,000 is the line to hold on a close. Below it, $79,500–$79,600 is the overnight dip zone. Above, $81,500–$81,800 is the first overhead supply — the 20-day average sits there too.
Process over prediction: wait for the close and the next data, not the headline wick. No trade call here — just the tape, the flows, and the discipline to let confirmation come first. 🧱⚡
Back above $81K — on Fed decision day. ⚡ Bitcoin reclaimed $81,000 overnight, trading near $81,400 — up about 2% on the day — after slipping under $80,000 on Monday for the first time in over a week. Ether followed, up roughly 2–3% near $2,360, and the majors bounced with it: ZEC +8%, HYPE +5%, DOGE and XRP about +3%. The bounce rode an Asia-led risk rebound — South Korea's Kospi jumped 6.6% as SK Hynix surged on a sevenfold profit jump — but the real test lands later today. The Fed announces at 18:00 UTC (2 p.m. EDT), with markets pricing ~92% odds of no change. What traders are actually waiting for is Chair Warsh's press conference, and any hint about a December hike. Underneath, the tape is firmer than Monday: U.S. spot Bitcoin ETFs took in $176M on Tuesday, a second straight day of inflows after Monday's $110M. Shorts felt the move — about $138M liquidated in 24 hours, roughly three-quarters of it shorts. And on-chain watchers flagged three whales moving 6,168 BTC (~$498M) into Coinbase Prime overnight — flow to note, not a verdict on its own. Levels, not predictions: $80K is now the line to hold, $79,400–$79,600 marked Monday's dip. Above, the question is whether $81,400 holds into the press conference — or gives it back on one hawkish sentence. Process over prediction: wait for the decision and the close, not the headline wick. No trade call here — just the tape, the levels, and the discipline to let confirmation come first. 🧱⚡ #Bitcoin #BTC
Learning how to trade Forex on PrimeXBT with BTC allows you to access global markets without the hassle of traditional KYC verification processes. This guide simplifies the setup for 2026 traders looking to leverage their digital assets for currency speculation.
Getting started with PrimeXBT is surprisingly straightforward if you already hold crypto. By using BTC as your base currency, you can open positions on major currency pairs instantly. Many users prefer this non-custodial approach to maintain privacy while executing high-leverage trades.
⏱ Chapters (adjust timestamps to your video) 0:00 Setting Up Your PrimeXBT Account 2:15 Depositing BTC for Forex Trading 4:45 Executing Your First Currency Trade 7:30 Managing Risk and Leverage Settings
Which currency pair are you planning to trade first using your BTC holdings? Subscribe for more practical guides on navigating decentralized finance and crypto trading platforms.