Jerome Powell’s Fed Speech: Is Bitcoin About to Make You Rich or Miserable?

by

Once more, those mysterious denizens of the Bitcoin bazaar find themselves afflicted with a peculiar restlessness; their gaze is trained not upon rate decisions, as one might assume, but upon that nefarious oracle—the dot plot. It is neither fresh nor exhilarating—like a peasants’ winter—but alas, such is the monetary fate of this week. Powell, a lanky harbinger of potential tumult, prepares his podium. Traders—hawks, doves, and the occasional bemused pigeon—circle the prospects. Some, emboldened, wager with reckless zeal; others clutch their wallets, muttering forgotten lullabies to Satoshi. In the shadows, great ‘whales’ accumulate coins with the cunning of a provincial landowner stockpiling vodka before the czar’s inspector arrives. The short sellers, meanwhile, loiter about like superstitious peasants caught in a sudden downpour, cursing the sky and their luck.

Meanwhile, ETF flows are less robust than a Russian birchtree in drought, and funding rates have assumed the mournful disposition of a rejected lover. Most traders, perhaps having read a Russian novel or two, sense tragedy in the air and choose discretion over valor. But—should Powell, in a moment of careless generosity, hint at forthcoming cuts, one imagines Bitcoin leaping from its torpor, pirouetting past $112K, and leaving behind a trail of forgotten stop-losses 🚀. Should he thunder hawkish warnings instead, prepare for Bitcoin’s return to the icy comfort of $100K—as inevitable as the return of winter in Tula.

More than 10 central banks are set to announce decisions over the next three days:

Federal Reserve – All Eyes on the Dot Plot

No rate change is expected in June, but markets are focused…

— MacroMicro (@MacroMicroMe) June 18, 2025

All Eyes on the Dot Plot

The Federal Reserve is almost prosaically expected to clutch rates, trembling in the 4.25%–4.50% region. The appointed hour: Wednesday, 2 p.m. EDT, soon followed by Powell’s press conference, which, judging by tradition, promises more suspense than a St. Petersburg séance.

The real drama lies not in the rates themselves, but in the dot plot—a tableau of anonymous bureaucratic hopes and fears, each dot a trembling hand on the scales of fate. If these august creatures decide fewer cuts are prudent, we may as well shape our roubles into origami swans, for the mighty dollar shall reassert itself, and Bitcoin—along with other risky baubles—will know the cold kiss of rejection.

Also Read : XRP Price Prediction After SEC ETF Delay

Why Bitcoin Traders Care

Bitcoin’s flame, after dancing above $100,000, now flickers as the Fed’s shadow grows. If Powell’s utterances take a hawkish tone, hope itself might migrate like geese toward sunnier assets, as traders brace for assaults worthy of Napoleon’s luckless Hussars. XBTO, who spend their evenings counting Satoshis by the dim glow of speculation, suggest volatile times beckon, should the dot plot reflect less cheerful sentiment. Analyst Matteo Greco—presumably after a rather strong espresso—notes expectations for cuts in 2025 have shrunk from a hearty 100 basis points to a sullen 50, soon perhaps to 25. If global tempers flare further, one fears the number could dwindle like peace offerings at a Russian estate dinner.

Also Read : U.S. Senate Overwhelmingly Supports Stablecoins’ GENIUS Act: Next to the House of Representatives 

Long-Term Impact Still Bullish

But lest despair descend too eagerly, note that more aggressive Fed maneuvers—so vexing in the present—may sow longer-term blessings. Higher rates heap additional burdens upon U.S. debt, and as IOUs multiply, Bitcoin’s appeal as a sanctuary alongside unyielding gold only swells. Inflation, instability, the gentle patter of confusion—these are the rains that raise the Bitcoin harvest. For now, patience is a virtue, though not one easily found at a crypto exchange. The market remains poised, waiting for Powell’s pronouncements and the dot plot’s cryptic winks—like an expectant Russian dinner guest, unsure whether the next course is borscht or bankruptcy.

Bitcoin to Jump 120%?

The Metric That Reveals Bitcoin’s Direction

“The importance of this growth cycle is that, based on this metric, if Bitcoin maintains the pace typical of the third year in the cycle, it could grow about 120% during 2025.” – By @oro_crypto

— CryptoQuant.com (@cryptoquant_com) June 18, 2025

In truth, Bitcoin finds itself confined by circumstance; the air is thick with unfriendly forecasts, yet CryptoQuant, in a fit of statistical optimism, highlights a metric with glorious promise. Their sage—@oro_crypto—assures us that should Bitcoin follow the time-honored rhythm of the third-year cycle, a 120% rally awaits in 2025. Even in the mournful short-term, the narrative’s heart beats bullish—because if Russian literature teaches us anything, it is that suffering comes first, and only then—maybe—ecstasy. 🍸

Read More

2025-06-18 10:56