{"content":"Powell Speaks, $BTC Bleeds… Again A few hours ago, Jerome Powell opened his mouth at Jackson Hole—and just like clockwork, Bitcoin felt the shockwaves. He basically reminded everyone that interest rates could stay higher for longer. Sounds boring on paper, but the market sure didn’t think so. $BTC had already slipped around 10% from its $124K peak last week, and Powell’s tone just added fuel to the fire. Traders started unloading positions, and the Coinbase–Binance price gap shows heavy U.S. selling. Options traders? Playing it safe, waiting for the storm to pass. Here’s where I find it interesting: analysts like those at Ned Davis Research say we haven’t seen a proper “blow-off top” yet. Translation? This might just be a shakeout, not the grand finale of the bull run. My personal read—Powell’s words always scare markets in the short term, but they don’t kill Bitcoin’s long-term cycle. If the fear drags BTC a bit lower, I’m watching for strong support to hold. If buyers step back in, this dip could set up the kind of rebound that leaves panic-sellers regretting everything.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025082025/08/22/4eb325692a8f43909173fcdd93b2cbb8.jpg"],"tags":[],"tradingPairs":["BTC/USDT"],"quotearticleid":0}