Bitcoin 

BTC

$20,864

 and most major altcoins have been consolidating in the past few days as investors await a trigger to start the next directional move. Some believe that the rising inflation in the United States could prove to be bullish for Bitcoin.

In a note to clients, Anthony "Pomp" Pompliano said that the only way to protect oneself in the current environment is to invest in “equities, real estate, crypto, etc.”

Bitcoin’s market dominance recovered from about 40.66% on Sept. 12 to 43.75% on Sept. 18, indicating that traders may be booking profits in altcoins and buying Bitcoin. The outcome of the two-day Federal Open Market Committee (FOMC) meeting next week could act as a trigger to determine the next directional move in Bitcoin.

Let’s study the charts of the top five cryptocurrencies that may outperform in the short term.