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Analyst: Bitcoin Consolidates Alongside Range Bound, Market Focused on Next Wednesday's Fed Meeting
BlockBeats News, September 14th, CryptoQuant analyst Axel Adler Jr posted, stating, "Bitcoin closed this week at the upper range for consolidation. The price increase was driven by ETF inflows and derivatives, while on-chain activity remains in a long-term HODL state. The market's main focus is the Fed meeting: if a dovish signal is conveyed, the market is expected to continue to rise; if the signal is hawkish, the market may return to a neutral range."
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