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Fundamentals for bitcoin this week,
A significant correction has occurred at this time.
The Jackson Hole Symposium and Jerome Powell's speech on August 22 are important moments that could trigger significant movements. If the tone conveyed is dovish, a rate cut is possible, Bitcoin could be pushed higher. However, if hawkish, it could lead to a correction.
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#Institutions Hold 10M+ ETH#
#Institutions Hold 10M+ ETH#
#MicroStrategy Loosens Stock Rules
Historically, this meeting often triggers market volatility, although in 2023 a more dovish signal actually boosted the market.