Analyst: Bitcoin consolidates at the upper end of its range as the market focuses on next Wednesday's Federal Reserve meeting

BlockBeats News, on September 14, CryptoQuant analyst Axel Adler Jr stated, "Bitcoin closed this week consolidating at the upper end of the range. The price increase was driven by ETF inflows and derivatives, while on-chain activity remains in a long-term holding (HODL) state. The main focus of the market is the Federal Reserve meeting: if a dovish signal is conveyed, the market is expected to continue rising; if the signal is hawkish, the market may return to a neutral range."