BTC attacks $63,000 on Wall Street open on September 19, following stocks rally. 📈

- BTC/USD hits new high of $63,500 on Bitstamp.

- US long-term fiscal policy continues to loosen after Fed cuts interest rates by 0.5%.

- S&P 500 and gold both rise, BTC/USD nears key resistance.

QCP Capital: "US 2Y/10Y spread has steepened to +8bps, reflecting market optimism."

- Fed expected to cut 2 more times this year.

- S&P 500 and Nasdaq up over 20% this year.

Trader Byzantine General: "Spot market is strong."

Michaël van de Poppe: "BTC/USD is doing very well."

- CoinGlass: Heavy resistance just below $64,000.

- Ki Young Ju: "Institutions are no longer short BTC aggressively."

- CME's BTC futures net position has dropped 75% in the past 5 months.

- US BTC spot ETF has negative money flow on September 18.

What do you think about this rally? Comment below! 💬#Bitcoin#Crypto #BTC