📌🔥 Everyone is awaiting Powell's speech at the Jackson Hole summit.. and Bitcoin is at stake! 🔥📌
🚨 On Friday, August 22, the eyes of global markets will be directed towards the speech of Jerome Powell, the Chairman of the U.S. Federal Reserve.
📉 Bitcoin has recently seen a noticeable decline, yet investors are anticipating this speech in search of clear signals regarding interest rate policy ahead of the September meeting.
🔑 Key points the market is watching:
✅ Expectations for a 25 basis point rate cut.
✅ If rates are not cut.. Bitcoin may face new pressure.
✅ The most important support level being monitored by traders: $100,000 (200-day moving average).
📊 Analysts believe that many cryptocurrencies have already reached new historical peaks, but the future of movements depends directly on the tone of Powell's speech at the Jackson Hole summit.
⚡ In summary: Any positive hint from Powell could be the next spark for a new rise, and any caution could increase volatility and pressure on digital markets.
💬 In your opinion.. will Powell's speech this time be a launching point 🚀 or the beginning of a new wave of pressure 📉?
