As the first week of March has ended, till Powell's speech still few hours left let's check what's charts are showing us.
The new week of August started with a nice drop on S&P500 right after liquidity(1) was taken. Would be nice to see retest of previous consolidation at around 3800-3900, before some significant move up.
BlackRock has offered Bitcoin investing to big institutional clients. What a news, isn't it? From August 11. But was there any impact on the Market? And that's a big one, there were more small positive news all around the board. But price seems struggling.
Do you remember how many good news was from March to May 2021? Nowadays are pretty similar situation, but still so small positive impact on BTC price. Here is some of them: