Bitcoin price briefly loses $20K on 'bunch of nothing' Powell speech

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Bitcoin to $16,000? Following the hawkish comments from the US Federal Reserve, Bitcoin takes a small hit with price targets suggesting an even steeper decline.

$19,400 a potential bounce zone under such a correction, with relief running to the weekly open near $23,000 before June's $17,600 reentered the picture.

"Moving higher resistance at $21,100. Support at $19850 followed by $19,200," trading suite DecentraderAs stocks tumbled, meanwhile, the familiar face of the U.S. dollar came back to haunt crypto markets.The U.S. dollar index , initially seeing heavy downside, rebounded to levels which again put it within striking range of twenty-year highs.

Source: Digital Coin News (digitalcoinnews.net)

 

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Just waiting for it to dump a little more. These macro-news are hitting bitcoin hard.

seems they are still aching for low entry to try control volume. people power needs to catch the low wave

Buy signal for the bottom.

Buy signal

'Small hit' due to US fed chair making comments. Such power of government officials over crypto prices.

oooh my god...🔥🔥

If they stopp this I can no longer payy my rentss?

🔥 wwhy media is silent abouut this

It’s not done yet,,the epic fall is yet to happen

Got nothing to do with a persons speech.

$BTC at $16 000, 14 000, and even $10 000… why not? There are fundamental reasons for it.

The market keeps dumping but with Socialswapdefi you can trade with zero or no fees for swap and good apr for staking, based on Tron network. I have been swapping seamlessly with Socialswapdefi. Check it out 🔥 socialswapdefi DeFi swap tron

MTGOX will release over 150k Bitcoin tomorrow on exchange, save your money.

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