Powell and the Interest Rate Dot Plot: Are They Igniting a Bitcoin Surge?

Bitcoin traders are watching Jerome Powell's speech and the interest rate dot plot today. While a rate hold is expected, any hint of future cuts could push Bitcoin above $112,000. A hawkish tone, on the other hand, could cause a pullback towards $100,000. Markets are cautious right now, but the long-term trend remains bullish with expectations of a 120% increase by 2025.