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Bitcoin continues its upward trend, but with the FOMC decision approaching, I think we're in a pretty risky situation. Before such important economic events, markets tend to move significantly.
With the entire cryptocurrency market watching closely, Bitcoin is no exception. Depending on the FOMC announcement, there's a good chance it could suddenly be sold off. That's the so-called "news selling." The more it's rising, the easier it is to overlook these kinds of risks.
Recently, cryptocurrency price movements have been closely linked to monetary policy, so until the FOMC results are out, caution is advised. Those holding positions should be very mindful of risk management. The market sentiment is optimistic, but unexpected developments can still happen.