Bitcoin (BTC) has recently surged past $61,000, its highest in three weeks, but skepticism remains. Despite the rally, BTC derivatives traders are cautious, anticipating a fallback to $58,000. The Federal Reserve's upcoming interest rate decision is a key factor. Investors are divided on whether the FED will cut rates by 25 or 50 basis points, impacting BTC's trajectory. A larger cut could boost the crypto rally, but also signal economic instability. Meanwhile, BlackRock’s Bitcoin ETF saw a $15.8 million inflow, indicating renewed institutional interest. The next few days are crucial for Bitcoin’s future.