๐Ÿ”” Bitcoin traders eye Jackson Hole meeting, especially Powell's speech on rates.

โš ๏ธ High leverage longs at $61K on Binance - potential red flag.

๐Ÿ’ฅ Possible heavy liquidations around $59K-$58K could push BTC back to $55K-$54.5K range.

๐Ÿš€ $62.8K is critical; could open path to $67K.

๐Ÿ’ผ BTC OTC desk balances at 2-year high - possible sell pressure incoming.

๐Ÿ“ˆ $64K-$66K range could bring short-term holders to profitability.

๐Ÿ‘€ Key scenarios: Break above $62K-$62.8K or retreat to $55K-$54.5K.

Hopes high for Powell's speech to energize the crypto market. Which scenario do you think will play out?