đ Bitcoin Bulls Charge! đ
- Bitcoin (BTC) surged to $63,000 as Wall Street opened on Sept. 19, riding the wave of booming stocks.
- Data from Cointelegraph Markets Pro and TradingView showed BTC hitting three-week highs near $63,500.
- The Federal Reserve's hefty 0.5% interest rate cut fueled excitement, pushing equities and gold higher.
- BTC/USD is eyeing key resistance near its March peak.
- Traders are optimistic, with analysts like Michaël van de Poppe seeing room to "buy the dips."
- Institutions are easing off shorting BTC, with CME futures net positions down 75% in 5 months.
Hold on to your hats, crypto enthusiasts! đȘïž
