Bitcoin's price has been pretty boring lately because of some important reasons. After dropping from $72,000 to below $70,000, bad news about unemployment scared investors and made the price fall even more. Now, Bitcoin is just hanging around $69,500, testing some old support levels. In my opinion, things won't get exciting again until Jerome Powell, the boss of the Federal Reserve, talks on Wednesday, June 12 at 9:30 p.m. Both big buyers and sellers are waiting for that day to figure out where the price is going next. So, keep an eye out, but maybe it's best to skip trading for now!

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