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Bitcoin Bearish Weekly Close: $76K Support Still Holds

The Bitcoin price suffered a lacklustre close below $77K on Sunday in the weekly chart. That said, the current support floor of $76 did hold, and the $BTC price is trying to bounce back on Monday morning. With the Federal Reserve interest rate decision on Wednesday, and a 25 basis point hike expected by the market, is the Bitcoin price about to drop out of its bull flag and head back down to the lows?

Bitcoin Bearish Weekly Close: $76K Support Still Holds