$BTC Bitcoin continues to fall, focus on the rebound near 60900!
Powell's speech last night seemed to have a significant impact on the Bitcoin market, causing the price to fall. Usually, Powell's speech seems to be somehow related to the decline in Bitcoin prices, giving people a feeling of being manipulated by some mysterious force. Currently, the Bitcoin market is experiencing a certain degree of pressure release, and the main bearish factors include government policies, miners' behavior, and the impact of the Mentougou incident. Earlier today, the decline in Bitcoin prices has broken through the previous upward trend line, and now the market's focus has turned to the price of 60900 to see if it can serve as a support level to trigger a price rebound.