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Bitunix Analyst Predicts $BTC Surge to $80,000 Amid Powell's Hawkish Signal

Powell's Hawkish Remarks:

Federal Reserve Chair Jerome Powell indicated no immediate policy response to Trump's new trade tariffs and emphasized no rush to cut interest rates despite market volatility and recession fears. This stance has weakened market expectations for monetary easing, creating short-term bearish pressure on Bitcoin .

- BTC Price Levels:

- Short-Term Pressure:

BTC faces resistance between $84,500–$83,800, as highlighted by Bitunix analysts. A failure to breach this range could lead to further downside .

- Critical Support at $80,000:

BTC’s immediate support is $80,000. A sustained drop below this level might trigger a deeper correction, potentially toward $77,500.

- Fed Policy Impact:

The Federal Reserve’s decision to maintain interest rates and delay rate cuts (or reduce their frequency) has contributed to tighter liquidity expectations. This environment reduces investor appetite for risk assets like Bitcoin, especially if dovish signals are absent .

- Market Sentiment: Concerns over global trade tensions and U.S. stock market corrections have compounded BTC’s bearish momentum. Powell’s remarks exacerbated fears of prolonged restrictive monetary policies, further dampening bullish sentiment .

- Trader Recommendations:

- Position Management:

Bitunix advises traders to limit leverage, implement strict stop-loss orders, and avoid overexposure until market trends stabilize .

- Monitoring Macro Factors:

Key drivers include Fed policy shifts, inflation data (e.g., CPI reports), and geopolitical developments impacting risk assets . #CryptoTariffDrop #PriceDrop #waitfordip