Odaily Planet Daily News Later today, Federal Reserve Chairman Jerome Powell will speak on U.S. monetary policy sentiment. Powell's speech at the Chicago Economic Club and the U.S. March retail sales report, expected to be released on April 16, may give investors some insight into the Fed's outlook.
CoinPanel senior automated trading expert Kirill Kretov expects volatility in the crypto market to continue until the macroeconomic situation eases, but the analyst believes that market price fluctuations are not important. We are currently in a period of economic fragility and overall risk aversion. These sudden fluctuations (up or down) are usually just noise and are part of a broader move to get rid of the weak. Now, the problem is not fundamentals or charts, but emotions and narrative control.
Puckrin, founder of Coin Bureau, said that a slight pullback in Bitcoin prices may actually be good. A short-term pullback to the $81,000 support level would be a healthy signal. As long as the BTC price remains above this level, it means that the price will continue to rise. Now we can only pray that Trump will not make any more earth-shattering statements. (The Block)