Bitcoin takes a breather! 💤 After hitting a record high of $108K, BTC faced selling pressure, dropping 2% to $103,750. Traders are de-risking ahead of the Fed's anticipated hawkish rate cut. The Doji candle signals indecision, hinting at bullish exhaustion. 📉
Altcoins like XRP, SOL, and ETH are mirroring BTC's dip. With the Fed's rate decision looming, will the crypto market find new momentum? The consensus is a 25bp rate cut, but fewer cuts are expected next year.
What do you think—will BTC bounce back or continue its slide? Share your thoughts below! 👇 #CryptoNews #Bitcoin