I don't think Bitcoin will reverse its upward trajectory due to the FED Chairman's statements. Institutional investors are continuing to buy BTC. Considering the expected price levels for Bitcoin, we can see how cheap even the $80,000 level is. Kevin Warsh's interest rate signal and similar news could be used for liquidations in the short term. We are at levels where futures trading is risky...

There is a group eagerly awaiting a sharp drop in $BTC and ETH... This group is looking for an opportunity to enter short positions. I think we could see price movements that will liquidate this group. If BTC makes another rise from here, many people will be caught.

#Bitcoin #BTC #Crypto #FED #Bullish $BTC