$BTC Big pullback incoming?
Last week, over $500B was wiped from the market after inflation data came in hotter than expected. That sent shockwaves across risk assets.
• Rate cut expectations for September dropped
• BTC lost key support levels
Now all eyes are on Powell this Friday. If he comes in too hawkish and hints at delaying cuts, the market could be staring down another heavy sell-off.
We’ve just broken down exactly how we’re preparing for it in our latest Market Update.
#MarketPullback #BTC #PowellWatch #Market_Update #Cryptonews