Bitcoin Price Prediction: Can BTC Break $81.7K Before the Fed Vote?

Bitcoin is holding near $77,200 heading into a critical week, but the price remains trapped below the level analysts say could determine whether the latest recovery becomes a broader bull-market breakout.

BTC traded around $77,206 on Sept. 13, after reaching almost $79,700 during Thursday’s session before giving back most of the move. The cryptocurrency has spent the past several days consolidating between roughly $76,000 and $80,000 as traders balance improving ETF demand against rising Treasury yields and the Sept. 16 Federal Reserve decision.

The key level now sits higher.

CryptoQuant Head of Research Julio Moreno says Bitcoin needs to clear approximately $81,700 to confirm a new bullish phase. Above that, the next major resistance areas sit near $83,600 and $88,700.

<iframe src=”https://widgets.coincodex.com/w/4c4a03ce-5161-46a9-866c-8006c9cc5e0a?site=coinpaper&mode=light” width=”100%” height=”420” frameborder=”0” referrerpolicy=”no-referrer-when-downgrade” style=”border:0;background:transparent;border-radius:0px;”></iframe>$81.7K Is Becoming Bitcoin’s Breakout Line

Bitcoin has already rallied sharply from its recent lows, but the move has not yet reclaimed the longer-term trend levels that would make the recovery more convincing.