Bitcoin Price Prediction: Is BTC About to Break Above $80K or Crash Below $72K?

Bitcoin has absorbed a fresh macro shock without losing its broader post-breakout structure. The Federal Reserve raised its target rate by 25 basis points to 4.00% on Wednesday, a tightening move that also strengthened the dollar and pushed Treasury yields higher. Despite this traditionally challenging backdrop for risk assets, BTC continues to trade around $76.7K, although buyers have yet to regain clear control.

Bitcoin Price Analysis: The Daily Chart

On the daily timeframe, Bitcoin remains in a corrective phase after being rejected by the major $80.5K-$82.3K resistance zone. Price has gradually moved lower from the September peak, but the decline has so far been relatively controlled, with BTC still comfortably above the key $72K-$74K support region.

This resilience is particularly notable following the Fed’s 25-basis-point rate increase. Rather than producing an immediate structural breakdown, the decision has so far left BTC consolidating above its major breakout area. Still, the Fed’s projections indicate that policymakers see inflation remaining elevated and point to a restrictive policy backdrop, meaning macro pressure has not necessarily disappeared.

Meanwhile, the daily RSI has cooled substantially from its previous overbought readings and is now sitting around the neutral 50 region. This suggests that the earlier bullish momentum has been reset rather than replaced by strongly bearish momentum.