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đ Bitcoin Hits $61K, But Donât Pop the Champagne Just Yet! đŸ
Bitcoin recently soared past $61,000, thrilling crypto fans everywhere. But hold your horses! The derivatives market is throwing some serious shade, with traders expecting a fallback to $58,000. The FEDâs upcoming interest rate decision has everyone on edge, and it could either fuel the rally or put a lid on it.
Meanwhile, BlackRockâs Bitcoin ETF saw a $15.8 million inflow after a dry spell, hinting at renewed institutional interest. But with heavy sell orders between $61K and $62.5K, the road ahead looks bumpy. Buckle up, folksâBitcoinâs wild ride isnât over yet! đą
