Warsh's Jackson Hole Speech Triggers Bitcoin Price Dip
Bitcoin's price took a hit after a speech by Warsh at Jackson Hole, plummeting to $75,993.02 according to CryptoKing4Ever.
The price maintained its bullish trend above the EMA50 at $76,907.55 and EMA200 at $70,181.51, but the MACD death cross signaled a loss of momentum with a reading of -64.98.
The Relative Strength Index (RSI) stayed neutral inside the Bollinger bands at 43.53, indicating a likely test of lower support at $76,797.12 before any push toward upper resistance at $80,698.45.