# Fed Hike Day Bitcoin Drops to $74K

> Bitcoin falls below $75.4K as Fed hike risk triggers channel break.
- Title: Fed Hike Day Bitcoin Drops to $74K · TradingView | Shortify
- Summary: Bitcoin falls below $75.4K as Fed hike risk triggers channel break. Bitcoin could drop to $74K if Fed signals more hikes and $75.4K breaks.
- Keywords: fed, bitcoin, btc, fomc, tradingview, coinbase, btcusd, 74k, 75400, 76500, 76650, 79200
- Source: TradingView — https://tradingview.com/chart/BTCUSD/rUQsyawI-BTCUSD-1H-Fed-Hike-Day-Falling-Channel-Eyes-74K
- Published: 2026-09-16T09:54:28+00:00
- Read time: 1 min
- Topics: fed, bitcoin, btc, fomc, tradingview, coinbase, btcusd, 74k, 75400, 76500, 76650, 79200
## Bitcoin Bleeds Inside Channel
Bitcoin is bleeding inside a statistically selected descending channel on the 1-hour chart.
## Fed Hike Decision Tonight
The Federal Reserve announces its decision at 2:00 PM ET with markets pricing a ~93% chance of a 25 bps hike to 3.75%-4.00%.
## Hawkish Dot Plot Risk
Higher Treasury yields drain liquidity from risk assets, and Bitcoin usually feels it first.
## Support Levels at $75.4K
The active channel points sharply lower with only one level left at $75.40K.
## Breakdown Scenario
If Bitcoin closes below $76.50K, the base case is continued pressure on $75.40K.
## Next Target $74K
A clean loss of $75.40K after the Fed could expose the lower adaptive channel near $74.00K.
## Key takeaway

Bitcoin could drop to $74K if Fed signals more hikes and $75.4K breaks.