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What Awaits Bitcoin Next Week
Bitcoin is currently trading around $77,000. Its price has fallen by approximately 4% over the past week. An important event for the market will be the Fed meeting scheduled for September 16.
Several factors could affect the price: the Fed’s interest rate decision, the U.S. Senate vote on the CLARITY Act, the expiration of options worth around $5 billion, and the recalculation of mining difficulty.
The base scenario for Bitcoin over the next seven days assumes fluctuations in the $76,000–82,000 range, with a possible sharp move on the day the Fed decision is announced.