1) The economy is growing at a confident pace.
2) It's time to adjust the policy.
3) The economy will return to 2% inflation with a strong labor market.
4) The rise in inflation will quickly pass and will be temporary!
5) He told a story about inflation and how they quickly reduced it.
6) He forced the Fed and said how great they are
7) Without layoffs, they will bring the market to an ideal state
8) He claims that inflation will lead to 2%. He is absolutely sure of this and this is his assessment.
➡️To summarize:
He didn't give any talk or hint about the Fed rate in numbers, but he said in words that it's TIME to change the Fed policy, and that means only one thing! A LOWER Fed rate.
Earlier I said that growth should start on rumors and it is a matter of time, today was the perfect day to launch this trigger because the words of the grandfather were extremely positive.
At the time of the speech, the price of BTC reached 62320, well. Thanks to Grandpa Powell for the kind words, now all that remains is to hope that this will be a positive on a positive, and not the already familiar negative on a positive.
➡️You know my position well, the closest I have been waiting for and am waiting for is 63750. Let's meet there.
⚠️Important areas:
✅Support: 60150, 59500, 58950, 58750, 58600, 55750, 55400, 53200, 51000
❌Resistance: 61400, 61800, 62750, 63750, 64450, 66000, 66500, 67100, 67700, 7060
