Аналитик выделяет критическую границу поддержки для биткоина перед потенциальным падением к $76 000 Translation: Analyst highlights critical support threshold for Bitcoin ahead of potential drop to $76,000

The price of the first cryptocurrency is maintaining a critical technical threshold, with a breach posing a significant risk of a drop in value. Analyst known as Daan Crypto Trades pointed this out.

This pertains to the Fibonacci correction level of 0.382, which lies just above $84,000. According to the expert, this mark has historically served as a vital support and resistance zone in market cycles.

«I believe this is a key area that bulls need to defend,» speculated Daan Crypto.

In his view, a failure to hold this level could lead to a decline in prices down to $76,000.

«This is effectively the last significant support before testing the April lows, which would disrupt the market structure on higher time frames,» the analyst explained.

On December 7, the market experienced another «liquidation» event that triggered position liquidations in Bitcoin in both directions. The asset’s price briefly dipped below $88,000 but quickly regained levels above $91,500.

«This is yet another example of manipulation amid low weekend liquidity aimed at liquidating both long and short leveraged positions,» noted the expert going by Bull Theory.

On December 9-10, a meeting of the Federal Open Market Committee (FOMC) will take place, following which the regulator will announce its decision regarding the Federal Reserve’s key interest rate. Many market participants expect a reduction of 0.25%.

The cryptocurrency market has lost momentum following the October easing of monetary policy. As 10x Research head Markus Thielen mentioned in a conversation with Cointelegraph, the regulator’s leader Jerome Powell indicated a «non-linear, data-dependent path of policy easing, rather than a clear cycle of interest rate cuts.»

The researcher believes that following the upcoming meeting, the rhetoric will shift to a more cautious tone. This will echo the «hawkish» maneuver of mid-autumn and maintain moderate pressure until the year’s end.

«Considering the already weak volumes and outflows from ETFs, the involvement in the upward momentum remains limited, while the range of $70,000–100,000 holds, and implied volatility continues to compress. This makes the risks of a downturn more pronounced than the potential for growth,» Thielen noted.

Henrik Andersson from Apollo Capital expressed a similar sentiment, suggesting that the anticipated rate cut has already been factored into the market, but the future direction will be determined by the statement about economic prospects. Overall, the investor maintains a cautiously optimistic stance:

«However, with the change of leadership at the Commission in May next year, further rate cuts in 2026 are likely. This will support risk assets, including cryptocurrencies.»

In a discussion with the publication, LVRG Research head Nick Rak noted that employment and inflation data could stimulate liquidity influx. If the indicators meet expectations for further easing of monetary policy, it would support market recovery.

They believe that digital gold appears more confident than Ethereum, as it attracts the main market focus. This is also evidenced by the dynamics of liquidity inflow.

It’s worth recalling that the Bitcoin «revitalization» indicator hinted at the return of a bullish trend.