Bitcoin Traders Ignore Fed Chair's Comments, Focus on Liquidity Hunt
TL;DR Summary
Bitcoin (BTC) remained in a narrow range below $27,000 on May 20, despite brief volatility following Federal Reserve Chair Jerome Powell's commentary on policy and inflation. Traders predict a fresh volatility is only a matter of time, with a liquidity hunt expected to disrupt the current illiquid range. Some traders are bearish on BTC's immediate future, with a deeper correction expected in the coming weeks.
- Bitcoin forgets Fed as trader eyes classic BTC price 'liquidity hunt' Cointelegraph
- Bitcoin Hovers Below $27K as Fed Chair Powell Makes Modestly Dovish Comments CoinDesk
- Crypto Analyst Predicts Bitcoin Activity Through June, Warns Of More Consolidation Benzinga
- BTC Tight Around $27K: Calm Before The Storm? (Bitcoin Price Analysis) CryptoPotato
- Bitcoin, Ethereum Technical Analysis: BTC, ETH Consolidate on Saturday, Despite Optimism Fed Could Soon Pivot – Market Updates Bitcoin News Bitcoin News
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