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BTC Tests 364-Day Average as Fed Rate Decision Looms; HYPE Tops at $89.76

Bitcoin is trading between $75,500 and $82,850 support and resistance ahead of this week’s Federal Reserve interest rate decision, with the 364-day moving average near $82,200 capping gains. BTC has held below that bull-bear line for roughly 307 trading days. HYPE, which rallied from a Aug. 2 low of $51.11 to a record $89.76, has broken below $80 and is now seen in a downward correction.

Original source

AI take

The 364-day average matters less as a line than as a regime marker: BTC has spent roughly 307 trading days beneath it, so the Fed decision lands into an already-established downtrend rather than a neutral setup. HYPE's slide from its record below $80 is the more telling signal — a token that led the rally now correcting suggests speculative appetite is thinning ahead of the macro catalyst. Whether BTC reclaims the average or HYPE stabilizes first is the open question.

Generated by AI for reference only.

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