Bitcoin Rebounds Toward $78K as Remittix Nears Launch Milestone
Bitcoin rebounded toward $78,000 after briefly falling to $76,000 during a week dominated by the Federal Reserve and the failed CLARITY Act vote. BTC is trading near $77,976, up roughly 1.9% during the session and close to its intraday high of $78,359.
The recovery replaces the original $75,700 framing, although important resistance remains overhead. Remittix, a project nearing its launch milestone, is priced at $0.21, with 82.24% sold and slightly more than $4 million remaining on the site's launch counter.
Bitcoin's immediate test is the area between $78,359 and $80,000. Closing above $80,000 would improve the short-term structure and could encourage traders to target the next resistance zone around $82,000. Support remains near $76,000. A renewed break below that level would weaken the recovery and bring $75,000 back into view.
The Federal Reserve raised its target range to 3.75%-4%, completing the event that had pressured risk sentiment. The absence of a more aggressive surprise helped markets rebound, but higher borrowing costs remain a longer-term headwind for speculative liquidity.