Bitcoin stabilizes above $75,000 as short‑term rebound potential emerges

Bitcoin (BTC) recovered to around $76,362 after a brief dip toward $75,000, keeping the price above the key psychological barrier. The move came after the Federal Reserve raised its benchmark rate by 25 basis points to a range of 3.75%–4.00%.

Technical outlook

On the daily chart, Bitcoin trades below the Bollinger Band midpoint at $78,028, which now acts as the nearest resistance. The lower Bollinger Band sits near $75,163, and a close below this level could open the market to a deeper correction. The Relative Strength Index is at 50.77, close to neutral, while its moving average remains higher at 57.62, indicating mixed momentum.

4‑hour momentum

The 4‑hour MACD histogram turned slightly positive (23.88), though both the MACD line (-353.28) and signal line (-377.16) stay below zero. The Supertrend remains bearish at $78,597, and the price is near the $76,650–$77,000 zone, which serves as the next short‑term barrier.

Liquidity and liquidation clusters

CoinGlass data shows dense leveraged positions around $76,800–$77,000 and a larger band between $77,500 and $78,000. Additional liquidity clusters appear near $80,000–$82,000, while a strong band near $74,700–$75,000 could attract selling pressure if the rebound stalls.

Analyst perspectives

Analyst Lennaert Snyder noted that defending $75,000 during the Fed decision creates conditions for a short‑term squeeze, targeting a move toward $77,300 as the next bullish trigger. He identified $74,500 as a fallback support if the price falls further.

Trader Daan Crypto Trades highlighted that most liquidity below the market has been removed, leaving the largest remaining clusters at $80,000 and $82,000, which remain distant targets while Bitcoin trades near $76,000.

Potential scenarios

• Break above $77,300 could open a path toward $78,000–$78,600 and eventually the $80,000 cluster.
• Failure to clear $77,000 may keep the price vulnerable to another test of $75,000.
• A close below $75,000 could trigger a move toward $74,500 and, if pressure intensifies, toward $71,300.