Bitcoin has fallen as expected, with $76,500 marking the lower edge of its upward channel and a key 23.6% Fibonacci support level, Jiang Zhuoer, founder of BTC.TOP, said in a post. He said a break below that level could accelerate declines and test $75,500. Jiang said Bitcoin could rebound to $80,000, or even $83,000 to $84,000, if it stabilizes before $75,000. A confirmed break lower could send the price toward $70,000 to $72,000. He identified next week’s CLARITY Act vote and Federal Reserve news as key catalysts, while maintaining a neutral position of Bitcoin shorts and spot Ether holdings.