The new Fed chair could definitely become a major factor for BTC, but I think the bigger story is how much expectation is already priced into the market.
Bitcoin has bounced strongly from around $64K and is now testing a crucial area near $80K. What interests me is that this move doesn’t seem to be driven purely by excessive leverage. Spot demand and ETF flows are still part of the picture, which could give the rally a stronger foundation.
For me, the key levels are pretty simple: if BTC can hold around $80K and push through the $81K–$83K range, momentum could continue. But if we lose $77K, I’d start paying much closer attention.
The Fed chair’s comments could be the catalyst, but markets often move hardest when expectations meet reality.
Personally, I’m less focused on predicting exactly what he will say. I’m watching how Bitcoin reacts after the speech. Sometimes, the reaction tells us more than the headline itself.
Bitcoin has bounced strongly from around $64K and is now testing a crucial area near $80K. What interests me is that this move doesn’t seem to be driven purely by excessive leverage. Spot demand and ETF flows are still part of the picture, which could give the rally a stronger foundation.
For me, the key levels are pretty simple: if BTC can hold around $80K and push through the $81K–$83K range, momentum could continue. But if we lose $77K, I’d start paying much closer attention.
The Fed chair’s comments could be the catalyst, but markets often move hardest when expectations meet reality.
Personally, I’m less focused on predicting exactly what he will say. I’m watching how Bitcoin reacts after the speech. Sometimes, the reaction tells us more than the headline itself.