🙏 $60K #BTC Surge! But Here’s Why the Market Might Drop Soon
$BTC surged to $60K today, pushing #Bitcoin dominance up to nearly 60%. This could be the market reacting early to the upcoming Fed interest rate announcement on September 18th 🥲
If you haven’t entered the market yet, don’t FOMO at this point. With BTC dominance on the rise, if $BTC crashes and dominance continues to climb, altcoins are likely to bleed further
Additionally, another signal came from #MicroStrategy, which bought more BTC yesterday. Historically, when they buys BTC, the market tends to dip afterward
👉 Finally, BTC’s CME gap at $54K is still unfilled, so we can’t rule out the possibility of a BTC drop following the rate news to fill the gap before it takes off again