#BitcoinRebounds$75KAsChipsLead
$BTC Holds The Line
Bitcoin just bounced off $75K again. And this time, chips led the rescue.
What Happened?
$BTC dipped to *$75,100* after a brutal Thursday selloff
$1.26B in liquidations across crypto
$430M outflows from spot Bitcoin ETFs
S&P 500 -4.4%, Nasdaq -5.5%, Philly Semiconductor Index -12.2%
Then Friday changed everything.
The Rebound:
US Jobs Report: *165K vs 65K expected* — massive beat
Nasdaq jumped *+2%* in minutes
Semiconductor ETF (SOXX) surged *+6.5%*
IREN pumped *+20%* after earnings
$BTC held *$75,800 - $76,000* and refused to break down
Chips are leading, Bitcoin is following.
Key Levels To Watch:
- Support: *$75,000 - $75,300* — must hold, this is the 50-week SMA
- Resistance: *$77,900* — 9-day EMA
- Breakout: *$80,000* — reclaim this and bulls are back
Below $75K = $72K next.
Above $80K = $84K - $87K in play.
This was not just a bounce. This was BTC surviving a tech crash, $430M ETF outflows, and $1B+ liquidations — and still holding $75K.
Is $75K the bottom or just a pit stop?
BOTTOM or LOWER? 👇
#BitcoinRebounds$75KAsChipsLead
#BTC #Bitcoin #Crypto
#BinanceSquare #Nasdaq #Chips #JobsReport
#BitcoinRebounds$75KAsChipsLead