Bitcoin Eyes Major Resistance as Jackson Hole Kicks Off With Unusual Fed Agenda
macro
Bitcoin is testing a major technical resistance as Jackson Hole gets underway under an unusual Fed agenda. The atypical Fed program raises the odds of market-moving guidance and heightens sensitivity of risk-on/risk-off flows, increasing near-term volatility for BTC. Implication: Bitcoin’s immediate direction will likely hinge on Fed signals—hawkish surprise could trigger a pullback below resistance, while dovish or neutral language could fuel a decisive breakout.
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