đ $60K #BTC Surge! But Hereâs 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 đ„Č
If you havenât entered the market yet, donât 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
đ Finally, BTCâs CME gap at $54K is still unfilled, so we canât rule out the possibility of a BTC drop following the rate news to fill the gap before it takes off again
