Key support for Bitcoin at 113500, which may be tested in the coming days, followed by a rebound and decline. If this indeed happens, the initial target for the pullback is 110,000, and after reaching that, a rebound should begin. $BTC
Impact of Powell's speech on Friday:
- If hawkish, it may drop to 95000;
- If dovish, 110000 is likely to be the endpoint of this decline.