Bitcoin Futures Struggle Near $75,000 After Fed Rate Hike
Bitcoin's price remains volatile after the Fed's rate hike, with futures trading near $75,660. The one-hour chart shows consolidation near recent lows inside a descending channel.
The latest rebound has yet to repair the breakdown below the previous trading range, leaving sellers with a stronger near-term position.
Key recovery zones for Bitcoin include $75,800, where an hourly close above would improve the immediate picture, and $77,200, around the lower boundary of the earlier value area.