#MEMEAct #BTCPrediction
Is Bitcoin really close to attempting to break the 100k level?
Any positive talk today or a hint about a plan to reduce interest rates during June or afterwards will be positive, and the opposite is true.
📄 The main news today will be
⏰ The market expects, prices, and knows that there has been no interest rate cut for two months, and Powell confirmed this at the beginning of April.
◀️ What matters now is Powell's speech, as some data suggests that there will not be a cut in June, and the meeting regarding the matter will be on June 18.
◀️ In previous speeches, Powell was adamant that there would be no cut before June, and this is what we need to understand from his speech; the rest of his comments are a repetition of what has been known for two years.