Bitcoin just dipped below $113K as markets brace for Jerome Powell’s speech this Friday at Jackson Hole! This isn’t just another Fed event—it could determine the trajectory for the rest of 2025 🎯
What’s At Stake:
$400B liquidity drain from U.S. Treasury account
Bitcoin down 9% from its $124,457 peak last week
September rate cut hopes hanging in the balance
Key Levels to Watch:
$BTC : Support at $112,578, resistance at $115,906
: Hovering near $4,100 with high short interest
The Play: If Powell hints at rate cuts, expect explosive moves across all crypto. If not, we could see further consolidation. Smart money is already positioning!
What’s your Jackson Hole prediction? Bull or bear setup? 👇
