#PowellRemarks How do his words affect the crypto market?

Jerome Powell maintained rates at 4.25%-4.50% with a cautious tone 🌪️:

- He highlighted inflationary risks from Trump's tariffs and the Israel-Iran conflict.

- He warned that inflation could rise "significantly" in key months.

Immediate reaction:

- BTC touched $104k (key support) before recovering to ~$105k.

- ETF volatility: BlackRock ( IBIT ) saw inflows of $639M despite declines.

What to expect? 🔍

- Short term: If BTC loses $104k, the next support will be at $100k.

- Bullish catalysts:

- Institutional accumulation (Metaplanet, Strategy).

- Possible short squeeze if geopolitical tensions ease.

- Global liquidity targets $160,000 in the medium term.

Binance Tip:

✔️ Use take-profit/stop-loss orders in volatile areas.

✔️ Monitor critical levels: $104,000 (support), $112,000 (resistance).

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