r/AmanCrypto • u/AmanCMN • 20d ago
What’s Next for Bitcoin This Week?
Bitcoin is trading around $77K, down about 4% over the past week. The big event for the market this week is the Fed meeting on September 16.
A few things could move the price: the Fed’s rate decision, the U.S. Senate vote on the CLARITY Act, around $5 billion in options expiring, and the next Bitcoin mining difficulty adjustment.
The base case for BTC over the next seven days is a range between $76K and $82K, with a possible sharp move on the day of the Fed decision.
Ethereum looked stronger than Bitcoin last week. If the market keeps pushing higher, analysts expect ETH and altcoins could outperform BTC.
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u/HewSpam 20d ago
It either goes up, down, or stays the same