$BTC $BTC Bitcoin Stuck in Limbo! Powell’s Speech Tonight—Will BTC Crash the Party? 🚨📉

TradingKey – Bitcoin is stuck in a tight range near $103K, showing weak bullish momentum as investors await a potential market-moving event tonight. At the time of writing, BTC is trading at $103,633.

Bitcoin Price Chart – Source: TradingView

Earlier this week, Bitcoin briefly surged after news of a mutual tariff reduction between the U.S. and China. However, the rally was short-lived, and bulls quickly lost steam. Adding to the caution, the RSI is flashing overbought signals, hinting at a possible short-term correction. ⚠️

All eyes are now on the Federal Reserve’s Thomas Laubach Research Conference, taking place tonight. Fed Chai