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Bitcoin's price action lately has been a snoozefest, and there's a good reason for it. ๐ด
After the big crash from $72K to below $70K, the unemployment rate news spooked investors and sent the price plummeting. ๐ฑ๐
Now, Bitcoin's chilling around $69,500, testing old support levels. ๐ฅถ
In my opinion, this price party's on hold until Federal Reserve Chair Jerome Powell speaks on Wednesday, June 12 at 9:30 p.m. ๐ฃ๏ธ
Big bulls and bears are waiting for that day to decide where the price is headed next. ๐๐๐ป
Stay alert, folks, but maybe sit this trading round out! โ ๏ธ
#BTC #bitcoin #altcoins #SECCryptoAccounting #ETHETFsApproved
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