#BTCPrediction #BTC
However, if Jerome Powell's speech suggests a possible medium-term monetary easing, traders could anticipate bullish movements that push the asset to surpass the symbolic barrier of 100,000 USD.
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Bazaldúa concluded by saying that we are in a particularly sensitive moment, where prices could be defined more by the expectations generated by central banks than by the technical fundamentals of the asset. For this reason, he considered it key to closely follow both economic data and signals of monetary policy to understand the direction Bitcoin could take in the coming weeks.