{"id":499990,"date":"2022-08-25T13:53:16","date_gmt":"2022-08-25T13:53:16","guid":{"rendered":"https:\/\/wncen.com\/?p=499990"},"modified":"2024-06-11T14:22:59","modified_gmt":"2024-06-11T14:22:59","slug":"bitcoin-soaring-fed-chair-jerome-powell","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/","title":{"rendered":"WATCH: Will Powell\u2019s Friday Speech Send Bitcoin Soaring? Daily TA August 25, 2022"},"content":{"rendered":"

In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at the the impact an upcoming speech from US Fed Chair Jerome Powell could have on Bitcoin price<\/a> action.<\/p>\n

Take a look at the video below.<\/p>\n

VIDEO: Bitcoin Price Analysis (BTCUSD):\u00a0August 25, 2022<\/h2>\n

The US Fed Reserve Chair Jerome Powell\u00a0<\/a><\/span>will speak at the global central banking conference in Jackson Hole, Wyoming, focusing on the future economic outlook. Depending on if that outlook is hawkish or dovish, Bitcoin could sink further or begin to soar.\u00a0<\/span><\/p>\n

<\/iframe><\/div>\n
Related Reading: WATCH: Daily Technical Analysis August 24, 2022: Total Crypto Market Cap (TOTAL)<\/a><\/div>\n

Daily BTCUSD Looks Dangerous As Bears Remain Dominant<\/h3>\n

On daily timeframes the picture overall isn\u2019t looking very positive for BTCUSD and could imply that the market should expect negative news tomorrow. From top to bottom, starting with the Ichiomoku<\/a>, we can see that Bitcoin lost the cloud as support and is now trading below both the Tenkan-sen and Kijun-sen. These two lines have also recently crossed bearish.<\/span><\/p>\n

The daily LMACD<\/a> is also showing momentum in favor of bears. The bearish momentum is weakening, however, but could pick right back up tomorrow as markets price in whatever Powell has to say about the future of the US economy.<\/span><\/p>\n

Finally, the Average Directional Index shows that bears are in control, and the trend is back at around a reading of 20. Below 20 would suggest a trend weakening, while retesting the level and then rising higher could restart the bearish trend.<\/span><\/p>\n

\"BTCUSD_2022-08-25_09-46-09\"<\/p>\n

The daily timeframe has recently turned bearish | Source: BTCUSD on TradingView.com<\/a><\/pre>\n
Related Reading: Measuring Trend Strength With The ADX<\/a><\/div>\n
Weekly Momentum Highlights Pivotal Potential Turning Point<\/h3>\n
Switching to the same tools on the weekly timeframe also shows Bitcoin and the rest of the crypto market at a pivotal moment. Price was rejected from above to back below the Tenkan-sen. The LMACD<\/a> is also still crossed bearish and ready to either cross up or diverge downward further.<\/span><\/p>\n
The ADX<\/a> shows that bears still have the upper hand, but the trend has started to flatten which could indicate that the worst is over on higher timeframes.<\/span><\/p>\n
With only a week remaining in the month of August, combined with both Powell\u2019s comments and the weekly timeframe at a pivotal turning point, we should get a clearer picture soon regarding if a bull trend is blossoming, or if the bearish trend is about to worsen.<\/span><\/p>\n
\"BTCUSD_2022-08-25_09-45-33\"<\/p>\n
Weekly momentum could cross up or continue down further | Source: BTCUSD on TradingView.com<\/a><\/pre>\n
Related Reading: Learn How To Use The MACD<\/a><\/div>\n
Monthly Ichimoku Sends Mixed Signals To The Market<\/h3>\n
The monthly Ichimoku<\/a> is an interesting picture currently and could give bulls some hope ahead. The Tenkan-sen and Kijun-sen remain crossed bullish. Take a look at the last bear market and you can easily see how quickly these two lines crossed bearish in the past. This could mean that Bitcoin is still bullish, despite the macro pressure. It also could mean the worst is still ahead and a cross is still coming.<\/span><\/p>\n
It doesn\u2019t help that monthly momentum on the LMACD hasn\u2019t begun to weaken according to the histogram. The ADX<\/a> does show an overall trend continuing to fizzle out, with bears taking charge for the first time since the 2014-2015 bear market bottom. Bullish strength has also fallen below 20 for the first time in history.<\/span><\/p>\n
\"BTCUSD_2022-08-25_09-44-53\"<\/p>\n
A comparison between bear markets shows that the lines have yet to cross | Source: BTCUSD on TradingView.com<\/a><\/pre>\n
Related Reading: Learn How To Use The Ichimoku<\/a><\/div>\n
Could Bitcoin Form A Perfect Bottom? TD Sequential Has One Week Left On 9<\/h3>\n
The TD Sequential<\/a> is a market timing indicator designed by Thomas Demark. Simply reaching a 9-count on a downtrend is enough for a buy setup \u2013\u2013 which is a positive case for Bitcoin currently. However, these signals are more powerful when the 9-count is \u201cperfected\u201d. To perfect the series, Bitcoin would need to set a lower low below the current bottom at $17,600.<\/span><\/p>\n
Although bearish signals outweigh the bullish, price action continues to hold above a more than ten year long trend line. Until this line in the sand is lost<\/a>, bull still have hope in staging a reversal. But more than likely they will need Mr. Powell and his money printing pals to cooperate tomorrow.\u00a0<\/span><\/p>\n
\"BTCUSD_2022-08-25_09-44-10\"<\/p>\n
The TD9 is on a nine-count with only a week left to \"perfect\" the series | Source: BTCUSD on TradingView.com<\/a><\/pre>\n
Learn crypto technical analysis yourself with the NewsBTC Trading Course. Click here<\/a> to access the free educational program.<\/p>\n
All this week at Elliott Wave International is Trader Education Week. Here is free access<\/a> to five exclusive videos from one of the world’s best Elliott Wave analysts. You can also get the Elliott Wave book for free<\/a> with a no cost signup.<\/p>\n
Follow <\/i><\/b>@TonySpilotroBTC on Twitter<\/i><\/b><\/a> or join\u00a0<\/i><\/b>the TonyTradesBTC Telegram<\/i><\/b><\/a> for exclusive daily market insights and technical analysis education<\/i><\/b>. Please note: Content is\u00a0educational and should not be\u00a0considered investment advice.<\/i><\/b><\/p>\n
Featured image from iStockPhoto, Charts from TradingView.com<\/pre>\n","protected":false},"excerpt":{"rendered":"
In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at the the impact an upcoming speech from US Fed Chair Jerome Powell could have on Bitcoin price action. Take a look at the video below. VIDEO: Bitcoin Price Analysis (BTCUSD):\u00a0August 25, 2022 The US Fed Reserve Chair Jerome Powell\u00a0will speak at the global central banking conference in Jackson Hole, Wyoming, focusing on the future economic outlook. Depending on if that outlook is hawkish or dovish, Bitcoin could sink further or begin to soar.\u00a0 Related Reading: WATCH: Daily Technical Analysis August 24, 2022: Total Crypto Market Cap (TOTAL) Daily BTCUSD Looks Dangerous As Bears Remain Dominant On daily timeframes the picture overall isn\u2019t looking very positive for BTCUSD and could imply that the market should expect negative news tomorrow. From top to bottom, starting with the Ichiomoku, we can see that Bitcoin lost the cloud as support and is now trading below both the Tenkan-sen and Kijun-sen. These two lines have also recently crossed bearish. The daily LMACD is also showing momentum in favor of bears. The bearish momentum is weakening, however, but could pick right back up tomorrow as markets price in whatever Powell has to say about the future of the US economy. Finally, the Average Directional Index shows that bears are in control, and the trend is back at around a reading of 20. Below 20 would suggest a trend weakening, while retesting the level and then rising higher could restart the bearish trend. The daily timeframe has recently turned bearish | Source: BTCUSD on TradingView.com Related Reading: Measuring Trend Strength With The ADX Weekly Momentum Highlights Pivotal Potential Turning Point Switching to the same tools on the weekly timeframe also shows Bitcoin and the rest of the crypto market at a pivotal moment. Price was rejected from above to back below the Tenkan-sen. The LMACD is also still crossed bearish and ready to either cross up or diverge downward further. The ADX shows that bears still have the upper hand, but the trend has started to flatten which could indicate that the worst is over on higher timeframes. With only a week remaining in the month of August, combined with both Powell\u2019s comments and the weekly timeframe at a pivotal turning point, we should get a clearer picture soon regarding if a bull trend is blossoming, or if the bearish trend is about to worsen. Weekly momentum could cross up or continue down further | Source: BTCUSD on TradingView.com Related Reading: Learn How To Use The MACD Monthly Ichimoku Sends Mixed Signals To The Market The monthly Ichimoku is an interesting picture currently and could give bulls some hope ahead. The Tenkan-sen and Kijun-sen remain crossed bullish. Take a look at the last bear market and you can easily see how quickly these two lines crossed bearish in the past. This could mean that Bitcoin is still bullish, despite the macro pressure. It also could mean the worst is still ahead and a cross is still coming. It doesn\u2019t help that monthly momentum on the LMACD hasn\u2019t begun to weaken according to the histogram. The ADX does show an overall trend continuing to fizzle out, with bears taking charge for the first time since the 2014-2015 bear market bottom. Bullish strength has also fallen below 20 for the first time in history. A comparison between bear markets shows that the lines have yet to cross | Source: BTCUSD on TradingView.com Related Reading: Learn How To Use The Ichimoku Could Bitcoin Form A Perfect Bottom? TD Sequential Has One Week Left On 9 The TD Sequential is a market timing indicator designed by Thomas Demark. Simply reaching a 9-count on a downtrend is enough for a buy setup \u2013\u2013 which is a positive case for Bitcoin currently. However, these signals are more powerful when the 9-count is \u201cperfected\u201d. To perfect the series, Bitcoin would need to set a lower low below the current bottom at $17,600. Although bearish signals outweigh the bullish, price action continues to hold above a more than ten year long trend line. Until this line in the sand is lost, bull still have hope in staging a reversal. But more than likely they will need Mr. Powell and his money printing pals to cooperate tomorrow.\u00a0 The TD9 is on a nine-count with only a week left to “perfect” the series | Source: BTCUSD on TradingView.com Learn crypto technical analysis yourself with the NewsBTC Trading Course. Click here to access the free educational program. All this week at Elliott Wave International is Trader Education Week. Here is free access to five exclusive videos from one of the world’s best Elliott Wave analysts. You can also get the Elliott Wave book for free with a no cost signup. Follow @TonySpilotroBTC on Twitter or join\u00a0the TonyTradesBTC Telegram for exclusive daily market insights and technical analysis education. Please note: Content is\u00a0educational and should not be\u00a0considered investment advice. Featured image from iStockPhoto, Charts from TradingView.com<\/p>\n","protected":false},"author":517,"featured_media":499537,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[79612,79552,428,1119,1144,78790,6664,79529,84235,2849,4524,76835],"class_list":["post-499990","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-adx","tag-average-directional-index","tag-bitcoin","tag-btc","tag-btcusd","tag-btcusdt","tag-crypto","tag-ichimoku","tag-lmacd","tag-macd","tag-xbt","tag-xbtusd"],"acf":[],"yoast_head":"\nWill Fed Chair Powell\u2019s Friday Speech Send Bitcoin Soaring?<\/title>\n<meta name=\"description\" content=\"Depending on if US Fed Reserve Chair Jerome Powell's outlook is hawkish or dovish, Bitcoin could sink further or begin to soar.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Will Fed Chair Powell\u2019s Friday Speech Send Bitcoin Soaring?\" \/>\n<meta property=\"og:description\" content=\"Depending on if US Fed Reserve Chair Jerome Powell's outlook is hawkish or dovish, Bitcoin could sink further or begin to soar.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/\" \/>\n<meta property=\"og:site_name\" content=\"NewsBTC\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/newsbtc\" \/>\n<meta property=\"article:published_time\" content=\"2022-08-25T13:53:16+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-06-11T14:22:59+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/ta-videos-5.png?fit=1365%2C768\" \/>\n\t<meta property=\"og:image:width\" content=\"1365\" \/>\n\t<meta property=\"og:image:height\" content=\"768\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Tony "El Toro" Severino\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/tonythebullBTC\" \/>\n<meta name=\"twitter:site\" content=\"@newsbtc\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Tony "El Toro" Severino\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/\"},\"author\":{\"name\":\"Tony \\\"El Toro\\\" Severino\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\"},\"headline\":\"WATCH: Will Powell\u2019s Friday Speech Send Bitcoin Soaring? Daily TA August 25, 2022\",\"datePublished\":\"2022-08-25T13:53:16+00:00\",\"dateModified\":\"2024-06-11T14:22:59+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/\"},\"wordCount\":779,\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/ta-videos-5.png?fit=1365%2C768\",\"keywords\":[\"adx\",\"average directional index\",\"bitcoin\",\"btc\",\"btcusd\",\"BTCUSDT\",\"crypto\",\"ichimoku\",\"lmacd\",\"MACD\",\"xbt\",\"xbtusd\"],\"articleSection\":[\"Cryptocurrency Market News\"],\"inLanguage\":\"en-US\",\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\/\/wncen.com\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/\",\"url\":\"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/\",\"name\":\"Will Fed Chair Powell\u2019s Friday Speech Send Bitcoin Soaring?\",\"isPartOf\":{\"@id\":\"https:\/\/wncen.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/ta-videos-5.png?fit=1365%2C768\",\"datePublished\":\"2022-08-25T13:53:16+00:00\",\"dateModified\":\"2024-06-11T14:22:59+00:00\",\"description\":\"Depending on if US Fed Reserve Chair Jerome Powell's outlook is hawkish or dovish, Bitcoin could sink further or begin to soar.\u00a0\",\"breadcrumb\":{\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/#primaryimage\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/ta-videos-5.png?fit=1365%2C768\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/ta-videos-5.png?fit=1365%2C768\",\"width\":1365,\"height\":768,\"caption\":\"bitcoin Powell\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/wncen.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"WATCH: Will Powell\u2019s Friday Speech Send Bitcoin Soaring? Daily TA August 25, 2022\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/wncen.com\/#website\",\"url\":\"https:\/\/wncen.com\/\",\"name\":\"NewsBTC\",\"description\":\"Bitcoin & Cryptocurrency News Today\",\"publisher\":{\"@id\":\"https:\/\/wncen.com\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/wncen.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/wncen.com\/#organization\",\"name\":\"NewsBTC\",\"url\":\"https:\/\/wncen.com\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"contentUrl\":\"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46\",\"width\":157,\"height\":46,\"caption\":\"NewsBTC\"},\"image\":{\"@id\":\"https:\/\/wncen.com\/#\/schema\/logo\/image\/\"},\"sameAs\":[\"https:\/\/www.facebook.com\/newsbtc\",\"https:\/\/x.com\/newsbtc\",\"https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw\"]},{\"@type\":\"Person\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d\",\"name\":\"Tony \\\"El Toro\\\" Severino\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/wncen.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g\",\"caption\":\"Tony \\\"El Toro\\\" Severino\"},\"description\":\"Tony \\\"The Bull\\\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \\\"The Bull,\\\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \\\"The Bull\\\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.\",\"sameAs\":[\"https:\/\/coinchartist.io\/\",\"https:\/\/www.instagram.com\/coinchartist_io\/\",\"https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC\",\"https:\/\/www.youtube.com\/@coinchartist_io\"],\"url\":\"https:\/\/wncen.com\/author\/tonymspilotro\/\"}]}<\/script>\n","yoast_head_json":{"title":"Will Fed Chair Powell\u2019s Friday Speech Send Bitcoin Soaring?","description":"Depending on if US Fed Reserve Chair Jerome Powell's outlook is hawkish or dovish, Bitcoin could sink further or begin to soar.\u00a0","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/","og_locale":"en_US","og_type":"article","og_title":"Will Fed Chair Powell\u2019s Friday Speech Send Bitcoin Soaring?","og_description":"Depending on if US Fed Reserve Chair Jerome Powell's outlook is hawkish or dovish, Bitcoin could sink further or begin to soar.\u00a0","og_url":"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/","og_site_name":"NewsBTC","article_publisher":"https:\/\/www.facebook.com\/newsbtc","article_published_time":"2022-08-25T13:53:16+00:00","article_modified_time":"2024-06-11T14:22:59+00:00","og_image":[{"width":1365,"height":768,"url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/ta-videos-5.png?fit=1365%2C768","type":"image\/png"}],"author":"Tony \"El Toro\" Severino","twitter_card":"summary_large_image","twitter_creator":"@https:\/\/twitter.com\/tonythebullBTC","twitter_site":"@newsbtc","twitter_misc":{"Written by":"Tony \"El Toro\" Severino","Est. reading time":"4 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"NewsArticle","@id":"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/#article","isPartOf":{"@id":"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/"},"author":{"name":"Tony \"El Toro\" Severino","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d"},"headline":"WATCH: Will Powell\u2019s Friday Speech Send Bitcoin Soaring? Daily TA August 25, 2022","datePublished":"2022-08-25T13:53:16+00:00","dateModified":"2024-06-11T14:22:59+00:00","mainEntityOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/"},"wordCount":779,"publisher":{"@id":"https:\/\/wncen.com\/#organization"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/ta-videos-5.png?fit=1365%2C768","keywords":["adx","average directional index","bitcoin","btc","btcusd","BTCUSDT","crypto","ichimoku","lmacd","MACD","xbt","xbtusd"],"articleSection":["Cryptocurrency Market News"],"inLanguage":"en-US","copyrightYear":"2022","copyrightHolder":{"@id":"https:\/\/wncen.com\/#organization"}},{"@type":"WebPage","@id":"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/","url":"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/","name":"Will Fed Chair Powell\u2019s Friday Speech Send Bitcoin Soaring?","isPartOf":{"@id":"https:\/\/wncen.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/#primaryimage"},"image":{"@id":"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/#primaryimage"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/ta-videos-5.png?fit=1365%2C768","datePublished":"2022-08-25T13:53:16+00:00","dateModified":"2024-06-11T14:22:59+00:00","description":"Depending on if US Fed Reserve Chair Jerome Powell's outlook is hawkish or dovish, Bitcoin could sink further or begin to soar.\u00a0","breadcrumb":{"@id":"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/#primaryimage","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/ta-videos-5.png?fit=1365%2C768","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/ta-videos-5.png?fit=1365%2C768","width":1365,"height":768,"caption":"bitcoin Powell"},{"@type":"BreadcrumbList","@id":"https:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/wncen.com\/"},{"@type":"ListItem","position":2,"name":"WATCH: Will Powell\u2019s Friday Speech Send Bitcoin Soaring? Daily TA August 25, 2022"}]},{"@type":"WebSite","@id":"https:\/\/wncen.com\/#website","url":"https:\/\/wncen.com\/","name":"NewsBTC","description":"Bitcoin & Cryptocurrency News Today","publisher":{"@id":"https:\/\/wncen.com\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/wncen.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/wncen.com\/#organization","name":"NewsBTC","url":"https:\/\/wncen.com\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/","url":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","contentUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/logo-min.png?fit=157%2C46","width":157,"height":46,"caption":"NewsBTC"},"image":{"@id":"https:\/\/wncen.com\/#\/schema\/logo\/image\/"},"sameAs":["https:\/\/www.facebook.com\/newsbtc","https:\/\/x.com\/newsbtc","https:\/\/www.youtube.com\/channel\/UC9v9erBEru5y4c3FA0wehEw"]},{"@type":"Person","@id":"https:\/\/wncen.com\/#\/schema\/person\/5322c9a09a6f19804bb578de17556a1d","name":"Tony \"El Toro\" Severino","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/wncen.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/129b75c18bdea8b048f1d7d526df61d7?s=96&d=mm&r=g","caption":"Tony \"El Toro\" Severino"},"description":"Tony \"The Bull\" Severino, CMT, is a distinguished figure in the cryptocurrency analysis sector, renowned for his in-depth technical expertise and innovative approach to market trends. As the Head of Research at NewsBTC, Tony leads a team dedicated to providing cutting-edge insights and forecasts, helping both novice and experienced traders navigate the complexities of the crypto market. A seasoned Chartered Market Technician, Tony's prowess in identifying and capitalizing on market patterns is unmatched. His academic and professional journey in market analysis has firmly established him as a leading authority in technical trading strategies. Tony\u2019s approach is heavily influenced by the principles of Elliott Wave Theory, a method known for its rigorous assessment of investor psychology and price movements. Beyond his role at NewsBTC, Tony is the visionary founder of CoinChartist.io, an educational platform aimed at demystifying the nuances of cryptocurrency trading. CoinChartist.io serves as a valuable resource for traders seeking to enhance their technical analysis skills. The platform offers a range of learning tools and resources designed to empower traders with the knowledge to make informed trading decisions. In addition to his educational initiatives, Tony is a prolific author and a dominant voice in the crypto community. He writes the CoinChartist VIP newsletter, a weekly dispatch that has become a staple among crypto enthusiasts, revered for its insightful analysis and actionable trading advice. This newsletter has consistently ranked as a best-seller on SubStack, boasting thousands of subscribers who rely on Tony\u2019s expertise to guide their trading strategies. Tony is also celebrated for his literary contributions to the field. He is the author of the highest-rated Crypto Trading Journal on Amazon.com, a testament to his ability to communicate complex trading concepts in an accessible manner. This journal is widely regarded as an essential tool for traders aiming to track their progress and refine their strategies. Before his ascent in the financial analysis world, Tony honed his skills in journalism. His background in this field has endowed him with a unique ability to present intricate market dynamics in a clear and compelling manner, making his insights highly sought after by a broad audience that ranges from casual readers to professional traders. His professional affiliations underscore his commitment to excellence and continuous learning. As a partner of Elliott Wave International and TradingView, Tony collaborates with other leading experts to enhance his knowledge and skills. His active membership in the CMT Association further aligns him with the highest standards of industry practices and ethics. Tony\u2019s nickname, \"The Bull,\" aptly reflects his aggressive and optimistic outlook on the cryptocurrency markets. His forecasts often anticipate significant upturns, earning him a reputation for bullish predictions that have frequently led to lucrative outcomes for those who follow his advice. In summary, Tony \"The Bull\" Severino, CMT, is more than just a technical analyst; he is a mentor, educator, and innovator whose influence in the cryptocurrency space continues to grow. His dedication to advancing the understanding of market forces and his commitment to providing high-quality, reliable analysis make him a pivotal figure in the world of cryptocurrency trading.","sameAs":["https:\/\/coinchartist.io\/","https:\/\/www.instagram.com\/coinchartist_io\/","https:\/\/x.com\/https:\/\/twitter.com\/tonythebullBTC","https:\/\/www.youtube.com\/@coinchartist_io"],"url":"https:\/\/wncen.com\/author\/tonymspilotro\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"WATCH: Will Powell\u2019s Friday Speech Send Bitcoin Soaring? Daily TA August 25, 2022","url":"http:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/bitcoin-soaring-fed-chair-jerome-powell\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/ta-videos-5.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/ta-videos-5.png?fit=1365%2C768"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Tony \"El Toro\" Severino"}],"creator":["Tony \"El Toro\" Severino"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["adx","average directional index","bitcoin","btc","btcusd","btcusdt","crypto","ichimoku","lmacd","macd","xbt","xbtusd"],"dateCreated":"2022-08-25T13:53:16Z","datePublished":"2022-08-25T13:53:16Z","dateModified":"2024-06-11T14:22:59Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"WATCH: Will Powell\\u2019s Friday Speech Send Bitcoin Soaring? Daily TA August 25, 2022\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-soaring-fed-chair-jerome-powell\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/bitcoin-soaring-fed-chair-jerome-powell\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/ta-videos-5.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2022\\\/08\\\/ta-videos-5.png?fit=1365%2C768\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Tony \\\"El Toro\\\" Severino\"}],\"creator\":[\"Tony \\\"El Toro\\\" Severino\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"adx\",\"average directional index\",\"bitcoin\",\"btc\",\"btcusd\",\"btcusdt\",\"crypto\",\"ichimoku\",\"lmacd\",\"macd\",\"xbt\",\"xbtusd\"],\"dateCreated\":\"2022-08-25T13:53:16Z\",\"datePublished\":\"2022-08-25T13:53:16Z\",\"dateModified\":\"2024-06-11T14:22:59Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2022\/08\/ta-videos-5.png?fit=1365%2C768","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/499990"}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/517"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=499990"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/499990\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/499537"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=499990"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=499990"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=499990"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}