In less than 30 days, this event could bring BULLRUN to the crypto market!
Bitcoin surpasses $62,000 after J. Powell (FED Chairman) said at the Jackson Hole conference: "It's time to adjust policy".
This implies that the FED is ready to lower interest rates at the next FOMC, which will take place on September 18, 2024. The US interest rate cut will pave the way for loose monetary policy, opening the door to growth for all types of investments, including stocks, real estate and even crypto.
At the end of his speech, J. Powell received a warm applause from the attendees - including many leaders from major central banks around the world.
Therefore, it is very likely that the market will start to increase strongly in the long term, starting from the end of 2024!