🚀 Bitcoin Breaks $62K: Bullish Sentiment Soars! 🚀
Bitcoin enthusiasts, rejoice! BTC has surged past $62,000 following the US Federal Reserve's decision to lower interest rates on September 18. This move has made borrowing cheaper and spurred investor interest in risk-on assets like Bitcoin. 📈
According to IntoTheBlock, a whopping 88% of BTC holders are now in profit, with no one currently underwater. Long-term investors dominate, with 71% holding for over a year.
Analysts are optimistic, predicting further gains if BTC reclaims the $65,000 resistance level. Could this be the start of an extended bull run? Only time will tell! 🌟