Bitcoin has surged to an unprecedented $77,200 following an interest rate cut by the Federal Reserve, sparking celebrations in the cryptocurrency market.
Despite this bullish movement, analysts express concerns about the possibility of long squeezes and significant liquidations, highlighting the market's inherent volatility.
As Bitcoin continues its unpredictable journey, questions arise about whether it can sustain this rally or if a pullback is imminent.
The market environment remains tense with volatile fluctuations.
