ChainCatcher news, according to CoinDesk, ahead of the Federal Open Market Committee (FOMC) meeting, Bitcoin (BTC) dominance has surpassed 65%, reaching a new high since January 2021, indicating strong risk-off sentiment.Analyst Joel Kruger believes the market is waiting for key catalysts such as the FOMC decision. K33 research director Vetle Lunde predicts that due to Bitcoin's extremely low volatility recently, significant price fluctuations may occur after the FOMC meeting. He noted that the current negative perpetual contract funding rate may provide a buying opportunity for investors.

ChainCatcher news, the continuous growth of the global M2 money supply may trigger a significant rise in Bitcoin, but analysts warn against betting everything on this emerging signal.Pav Hundal, chief analyst at cryptocurrency trading platform Swyftx, told Cointelegraph: "This is not a market to bet all your funds on a quick adjustment, but our core prediction remains that the market will stay strong in March and beyond."Additionally, Bravo Research states that the U.S. money supply has doubled in just 10 years, "this surge in liquidity could fuel a parabolic rise in Bitcoin."