Be posto fluctuations indicate star-news.press/wp

The price of Bitcoin increased after Jerome Powell’s Jackson Hole’s notes, pushing BTC on the brand of $ 116,000. This penetration led to a strong Q4 gathering optimism, which reminds us of post -historical performance. September can be a volatile month, but the structure indicates that the upscale capabilities still exist. There, the market participants are watching the current levels as a possible launch pillow to the next gathering.

The work of bitcoin highlights repeated trends with the signs of fresh upward trend

Encryption An analyst on the X platform Bitcoin highlights a frequent pattern after Powell’s Jackson Hole, with fluctuation in September, followed by strong gatherings in the fourth quarter.

In 2023, BTC increased nearly 200 % after speech and in 2024, the gathering recorded more than 100 % gains. This year, the graph shows another fluctuation period with a mobilization of more than 77 %.

This repetition enhances confidence in the fact that the price of bitcoin can extend beyond that, as the historical reactions to the Powell notes have constantly fueled great gains. This view enhances optimism for Bitcoin price expectations 2025.

On the one -day chart, Bitcoin has flourished with a power of $ 112,000 and paid more than $ 116,000 after the Powell accent.

This step has proven support in the neckline for the head and the reverse shoulder, and it is now a solid base. The price is now in accumulation between $ 112,000 and $ 118,000 and Vibonacci goals is 123,000 dollars and 126,500 dollars.

Moreover, EMA for 50 days provided additional support at a price of about $ 114,800, indicating a strong request. Therefore, if BTC scanned $ 118,000 resistance decisively, The current bitcoin price It can be set for the other hack that maintains an ascending path.

Powell’s Jackson Hole Speech Reignes, the appetite for bitcoin and encryption markets

Jerome Powell in his speechIn Jackson Hall, he pointed to the risks in the labor market and suggested that the Federal Reserve to reduce the rates in September. He pointed out that the growth in employment has been stagnated, as it is much less than expectations, which are suspicious of job security.

The comments changed the morale of the market, as the Federal Reserve Chairman admitted that the negative risks of growth now outweigh the inflationary risks. He also admitted that the definitions may not increase inflation as much as it was assumed, which weakens the seller.

The price of Bitcoin immediately responded, as it exceeds $ 116,000, as investors were seeking more flexible monetary policy, especially after its mention September prices reduced. Historically, Duofish’s conversations at Jackson Hall followed huge encryption gatherings. The current cycle appears to follow the same style.

conclusion

Bitcoin price reaffirmed again by obtaining the main support and interacting strongly with Powell notes. Historical data indicates a fixed gathering after the Jackson hole and this is likely to happen again. Tawheed, which exceeds $ 112,000, contributes to the technical power, which supports the investor’s confidence in other gains. Therefore, bitcoin predictions are still strongly tied to further bullish trend as macro and scheme factors are in line with.

Related questions (common questions)

Bitcoin price increased because Powell referred to potential price cuts, reduced economic concerns and enhances demand for risk assets.

The analyst’s scheme refers to the Rally Repeated Rally after Jackson, with possible gains of more than 77 %.

The main support is 112 thousand dollars, while the resistance at $ 118,000 can open Fibonacci goals at 123 thousand dollars – 126 thousand dollars.

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