$BTC The price of Bitcoin continues to fall, and 60900 is now the key rebound hope!
Last night, the speech of Federal Reserve Chairman Powell seemed to have dropped a bombshell on the Bitcoin market, and the price fell accordingly. Every time Powell speaks, it seems to be closely related to the decline of Bitcoin, which makes people wonder whether there is some subtle connection behind it. At present, the Bitcoin market is under great pressure, and multiple negative factors are intertwined, including the tightening of government regulatory policies, the adjustment of miners' dynamics, and the continued fermentation of the Mentougou incident, which are all bringing a considerable impact to the market.
Earlier today, the price of Bitcoin fell below the previous upward trend line in one fell swoop, and the situation seemed particularly severe. However, the market is not completely desperate. The key point of 60900 has become the focus of many investors, and everyone is betting on whether it can become the starting point of the price rebound.
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