Bitcoin has performed well in the past few days after experiencing a strong downturn in the first two weeks of September. This rally kickstarted in the middle of this week after the Fed decided to slash the benchmark interest rate by 50 basis points (bps), a move that proved positive for cryptocurrencies. Notably, this rally was already predicted by a few crypto analyst through technical indicators. One of such is Ali Martinez, who is a master of the TD Sequential. However, in an interesting turn of events, the analyst has highlighted the case for investors to “book some profits,” which is a sign of potential price correction up ahead. Analyzing The Bitcoin Rally Bitcoin, which struggled to gain momentum earlier in the month, entered a strong rally that began to take shape midweek. This rally saw Bitcoin break above $63,000 again and increase its market dominance. Furthermore, the rally peaked at $63,830, reflecting an increase of about 20.77% from a low of $52,827 on September 6. Related Reading: Grayscale XRP Trust Surges 11.44% One Week After Launch, Here’s The Catalyst However, despite t ..
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