Brace for Volatility

[nihalsari]

Markets may look calm right now, but traders agree: Powell’s tone will decide whether BTC rips higher or retraces.

Bull thesis:
Rate cuts = looser conditions → BTC rallies into new price discovery above $120K.

Bear thesis:
This rally is a “run before a drop” (van de Poppe). If Powell stays cautious, BTC could sell off fast.

Swissblock sums it up:

“Bitcoin’s Risk Index will guide whether BTC’s bullish structure holds or if a sell-off looms.”

Bottom line: The Fed cut is basically guaranteed. What’s not priced in is Powell’s language. Expect turbulence — the next move could define BTC’s path to ATHs.