Will Bitcoin price reclaim $75,000 ahead of Fed rate decision?

Bitcoin price surged to a 5-week high of $74,157 on Monday, driven by institutional and whale accumulation. The rally positions Bitcoin close to the psychological $75,000 resistance level ahead of the Federal Reserve's upcoming interest rate decision.

• →Bitcoin reached a 5-week high of $74,157 on Monday morning.
• →The rally was fueled by institutional and whale accumulation activity.
• →Bitcoin is approaching the key psychological resistance level of $75,000.
• →The Federal Reserve interest rate decision is scheduled to be announced soon.
• →Market participants are watching if Bitcoin can break above $75,000 before the Fed announcement.