$BTC is trading near $60k, up 2% this week. Investors are eyeing Fed Chair Powell's speech at the Jackson Hole symposium (August 22-24). Market volatility may increase with weak economic data and expectations of a recession. Powell could hint at interest rate cuts as inflation nears 2% and the labor market cools. Rate cuts would favor buyers. Key liquidity levels for Bitcoin are $61.2k and $56.6k.
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