Bitcoin holds near $77,000 ahead of Fed decision as $76,000 support draws focus

  • Bitcoin held near $77,000 as investors reduced risk before the Federal Reserve’s Sept. 16 decision.
  • U.S. spot Bitcoin ETFs recorded about $463 million in net outflows last week.
  • Analysts identified $76,000 and $83,000 as key levels for Bitcoin’s next directional move.

Bitcoin remained near $77,000 as investors reduced risk ahead of the Federal Reserve’s Sept. 16 policy decision, with analysts watching $76,000 support and $83,000 resistance. Interest-rate futures put the probability of a 25-basis-point increase at 86%–87%, suggesting the decision itself is largely priced in; policy guidance, economic projections and Fed Chair Kevin Warsh’s press conference are viewed as the main risks. U.S. spot Bitcoin ETFs recorded about $463 million in net outflows last week, although buyers continued defending Bitcoin near $76,000, while spot Ethereum funds attracted $196.9 million. A Senate procedural vote on the CLARITY Act adds a separate U.S. regulatory risk, and analysts say a failed vote combined with hawkish Fed guidance could pressure crypto markets. The Bank of Japan’s expected move toward a 1.25% policy rate is another risk because higher yen funding costs could force leveraged carry trades to unwind.

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