📶 BTC Signal...PUMP or DUMP ❓❓ and Chairman of The Fed Jerome Powell's Speech Decision Today‼️

⏩Market data shows that the price of Bitcoin is stable at USD 97,500. This largest market capitalization crypto has remained at its highest level since February. Meanwhile, the spot gold price rose 0.7 percent to USD 3,357 per ounce, driven by increased demand for safe haven assets.

➡️The price of Bitcoin recorded an increase on Tuesday US time or Wednesday (7/5) Indonesia time, amid cautious investor sentiment ahead of the interest rate policy decision by the Federal Reserve (The Fed), as well as rising geopolitical tensions and trade war issues.

➡️However, the main focus is on the statement from The Fed Chairman Jerome Powell. Market participants will be looking to see if there is any change in tone regarding persistently high inflation and weakening consumer demand in recent weeks.

🔥“If The Fed gives a dovish signal and opens the possibility of a rate cut in June, Bitcoin could surge back to USD 100,000. That is a psychological level as well as a liquidity magnet,” 🔥 said Nic Puckrin, founder of Coin Bureau, as quoted by Decrypt.

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