Bitcoin: Crashes After Warsh Jackson Hole Speech
Bitcoin at $77593.02 after Warsh Jackson Hole speech triggered crash, ETH follows as traders eye breakout levels amid crypto market crash signals.
SourceAnalysis
Bitcoin and ETH both crashed from their highs after Warsh’s Jackson Hole speech, with BTC now at $77593.02 according to the tweet from @CryptoKing4Ever.
Price maintains a bullish trend structure above the EMA50 at $76907.55 and EMA200 at $70181.51 yet the MACD death cross at -64.98 signals momentum loss while RSI at 43.53 stays neutral inside the Bollinger bands, pointing to a likely test of lower support at $76797.12 before any push toward upper resistance at $80698.45. BTC price prediction models now factor this confluence as traders monitor breakout levels in the coming week following the recent crypto market crash from prior highs.
Crypto King
@CryptoKing4EverSpecializes in cryptocurrency investment and market analysis, with a focus on Bitcoin, Ethereum, and Solana ecosystems. Provides trading strategies and altcoin research for crypto enthusiasts.