BaoLiXiMoiNgay
8 views
3 Discussing
Hot
Latest
See original
$BTC The speech of Federal Reserve Chairman Jerome Powell an hour ago had a noticeable impact on the price of Bitcoin.
On June 2, 2025, Powell indicated the possibility of easing monetary policy, leading to a 2.3% increase in the price of Bitcoin within 24 hours, reaching around $104,500. Trading volume also rose by 15% on platforms like Binance, reflecting an increase in investor interest.
If Powell continues to adopt a dovish tone, Bitcoin may witness further increases, potentially surpassing the resistance level at $137,500. However, if he indicates tightening monetary policy, the price could drop to support levels around $108,000.
Technically, Bitcoin's Relative Strength Index (RSI) indicates room for further upward movement before reaching overbought territory. This shows that there is potential for more upward momentum if favorable conditions continue.
Overall, investors are advised to monitor Powell's future statements.
$BTC #Write2Earn #BaoLiXiMoiNgay
On June 2, 2025, Powell indicated the possibility of easing monetary policy, leading to a 2.3% increase in the price of Bitcoin within 24 hours, reaching around $104,500. Trading volume also rose by 15% on platforms like Binance, reflecting an increase in investor interest.
If Powell continues to adopt a dovish tone, Bitcoin may witness further increases, potentially surpassing the resistance level at $137,500. However, if he indicates tightening monetary policy, the price could drop to support levels around $108,000.
Technically, Bitcoin's Relative Strength Index (RSI) indicates room for further upward movement before reaching overbought territory. This shows that there is potential for more upward momentum if favorable conditions continue.
Overall, investors are advised to monitor Powell's future statements.
$BTC #Write2Earn #BaoLiXiMoiNgay
Login to explore more contents