What Is The Expectation Of Bitcoin Price?

What do you do when everyone expects Bitcoin to go down?

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There are a lot of shorts who have their stop losses up. So if the market starts to go up, you can definitely have acceleration if it goes through that price.

Now to state the obvious, the bears are out there and they're willing to express their view. So if Powell gives them an excuse, meaning he's not as dovish as people want, the shorts are going to attack and they're going to press. Or they're going to try to sell any rally in an effort to kind of hold down the market, to keep that fear-based pattern alive.

I don't think it's going to work. I do think they are going to try to hit the market, or there could be some sort of like sell the statement with Powell.

But when everyone's done worrying about what the Fed says, people are going to go back to focusing on crypto as a scam.