Bitcoin experienced a significant drop yesterday following the news of a rate cut and Jerome Powell's speech. This decline is likely just a final shakeout before the next rally. The price is currently showing a gradual upward movement. A breakout above $118,000 would be bullish and could propel the price toward the $120,000 level.
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Bitcoin experienced a significant drop yesterday following the news of a rate cut and Jerome Powell's speech. This decline is likely just a final shakeout before the next rally. The price is currently showing a gradual upward movement. A breakout above $118,000 would be bullish and could propel the price toward the $120,000 level.