$BTC
POWELL SPEAKS TONIGHT: WILL BITCOIN RISE OR CORRECT? 📈📉
The market is FOCUSING on the speech of Fed Chairman Jerome Powell in today's FOMC meeting, although the interest rate decision may not hold many surprises.
WHAT'S HAPPENING?
Bitcoin ($BTC) is experiencing FLUCTUATIONS around key levels.
It is highly likely that the Fed will KEEP the current interest rates unchanged.
Donald Trump's proposed tax increase raises CONCERNS about a stagflation scenario.
POWELL'S SIGNALS COULD BE DECISIVE:
If dovish: $BTC could HEAD TOWARD higher levels.
If hawkish: $BTC could RETEST lower support areas.
Even though Powell may express a tough stance, the Fed's recent actions show an UNDERLYING PREPARATION for policy easing.
The cryptocurrency market is likely to be "SHAKEN" after this speech. Everyone, stay tuned closely!
Note: This information is for reference only and is not investment advice. Please stay updated and make your own decisions.
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