According to Michaël van de Poppe, Bitcoin ($BTC) experienced a significant daily candle, indicating potential upward momentum. This trajectory, however, is contingent upon the outcome of the upcoming FED meeting. Van de Poppe suggests that while a rate cut is not anticipated by the markets, such a move could notably boost altcoin strength. This analysis highlights the importance of the FED's monetary policy decisions on cryptocurrency trading dynamics.

According to CryptoMichNL, Bitcoin is currently consolidating, and although it hasn't reached the desired highs, a price range of $64-65K is considered possible. If Bitcoin reaches this range, it presents an ultimate buy-the-dip opportunity. This is seen as the final correction before a potential run towards a new all-time high around the time of the upcoming elections or the next Federal Reserve meeting.