Matrixport: Market Focus Powell's Speech at Jackson Hole, Bitcoin Ushers in Rebound
2024-08-20 07:16:05
On August 20th, Matrixport released a chart saying that Bitcoin is at a critical point to break out of the current narrowing triangle pattern. If the upside breaks through, it may trigger positive momentum; otherwise, the price rally expectation may be extended. Federal Reserve Chairperson Powell is about to speak in Jackson Hole, and the stock market is expected to rebound early. In addition, the release of the last FOMC meeting notes may bring dovish signals.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
OKX launches mini-game "Coin Circle Security Guard: Hacker City"Next article：
美国大选相关的比特币期权吸引近3.5亿美元未平仓合约
