Last night, Fed Powell said black swan, and BTC fell directly from a high place, almost falling below 86,000!

This drop is really frightening. Friends who chased highs before are probably bleeding in their hearts. Now everyone is wondering whether this bottom can be copied? But let's take it easy and don't rush to catch the flying knife.

In short, Powell said that the US economy is now very good, the labor market has returned to normal levels, and inflation is slowly moving towards the target of 2%. He also said that there is no rush to cut interest rates, and we have to see how Trump's new policies will affect the economy.