The market $BTC is trembling as Jerome Powell's speech at Jackson Hole approaches. Bitcoin has dropped all this way, and the man hasn't said anything yet. What will happen if he says something negative?!
Platforms exploit such events to help them with the drop in Bitcoin to liquidate futures contracts.
Bitcoin is under pressure! The price is declining as Jerome Powell's speech at the Jackson Hole conference, which is considered one of the most important economic events of this year, approaches.
⚠️ The markets are closely watching for any signals regarding interest rate policy and upcoming monetary trends.
A hawkish tone = Support for the dollar → Greater pressure on Bitcoin and cryptocurrencies.
A dovish tone = Relief for the markets → A strong rebound opportunity for cryptocurrencies.
💡 The market is in a state of anticipation and waiting, and any statement from Powell could determine the direction of Bitcoin in the coming weeks.
