Bitcoin was trading close to $20,000 to start the weekend, as traders reacted to comments from U.S. Fed Chair Jerome Powell during Friday’s Jackson Hole summit. Powell warned that “there will be some pain ahead,” as the Fed attempts to bring the rate of inflation down. Ethereum was below $1,500 on Saturday.) was trading lower for a second consecutive session, as the token dropped below $21,000 to start the weekend.
Following a high of $21,804.91, bitcoin moved closer to the $20,000 level, falling to an intraday low of $20,020.94. The move comes as comments from United States Fed Chair Jerome Powell sent shockwaves through global financial markets.Powell warned that, “there will be some pain ahead” in upcoming months, as the central bank continues its battle with inflation.failed to sustain a breakout of its $21,600 resistance level.
Prices then went on to fall below another key level, this time at support of $20,800, on the way towards today’s low. As of writing, the sell-off has marginally eased, however bitcoin continues to hover around what seems to be an interim floor of $20,200.
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You don't need to know who I am; it's not important. On or about February 24th 2026, Bitcoin will be approximately $137,000 USD.
ETH 's inevitable drop will trigger further downturn for the whole crypto market. When the merge cools down, then we 'll start seeing BTC 's come back.
surely this has nothing todo with margo calls starting g the first …lol tick to hegies and family offices
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When bull market start?
btc can go to $12k easily