Bitcoin surges 5% to $61K ahead of Fed meeting, but buy orders suggest potential cap on upside 🔥🚀👇🔔👇

Bitcoin has seen a significant price surge, hitting a September high, while Ethereum (ETH), Solana (SOL), Ripple (XRP), Cardano (ADA) and Avalanche (AVAX) are all up 2%-4%. 🔥🔥$AVAX $SOL 🔥🔥

Binance order book data shows large sell orders between $61,000 and $62,500, potentially limiting any further upside. 👇🚀

A lot of focus will be on positioning ahead of tomorrow’s highly anticipated Fed event,” said Joel Kruger of LMAX Group. 🩸🩸

Bitcoin (BTC) reached $61,000 on Tuesday during the early hours of the US session, as the cryptocurrency rallied ahead of tomorrow’s key Federal Reserve meeting, where the central bank is expected to cut interest rates for the first time in four years. $BTC

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