BTC/USD Forecast: Looks Ready to Fall Further

The market is a situation that looks like trouble just waiting to happen, especially as we have seen so much negativity in the stock market after the Jerome Powell speech.

  • The BTC/USD has fallen during the trading session on Friday as we continue to see negativity in the Bitcoin market.
  • Jerome Powell has given his speech at Jackson Hole, leaving no doubt as to how the Federal Reserve is going to behave.
  • As they continue to be hawkish, that will drive money away from riskier assets such as Bitcoin.

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