From Yahoo Finance · · 50s
Bitcoin Price Prediction Before Q4
Bitcoin near $76k as Fed rate hike looms.
In brief
Bitcoin near $76k as Fed rate hike looms. Bitcoin could trade between $74k-$78k before Q4 ends if Fed hikes without additional rate increases. Originally reported by Yahoo Finance.
Current Bitcoin Price
Bitcoin trades at $75,787, down 13% year-to-date.
Fed Rate Hike Expectations
Bank of America expects three rate hikes by December.
Bitcoin ETF Flows
Spot Bitcoin ETFs saw $462.7m net outflows in four days.
Market Support Levels
Key support at $75,000; resistance at $76,500.
Year-End Price Predictions
Kalshi prices Bitcoin at $81,000 by December 31.
Q4 Trading Scenarios
Bitcoin could trade $74k-$78k if Fed hikes without extra increases.
Oil Price Impact
Brent crude at $108.75; higher prices pressure Fed outlook.
What Happens Next
Bitcoin likely opens Q4 near $74,000-$78,000.
In short
Bitcoin could trade between $74k-$78k before Q4 ends if Fed hikes without additional rate increases.
