Bitcoin Price Prediction: Post-Powell Volatility Signals Another Massive Q4 Rally Ahead

The Bitcoin price has surged following Jerome Powell’s Jackson Hole remarks, driving BTC above the $116,000 mark. This breakout has led to optimism of a strong Q4 rally, which is reminiscent of historical post-speech performance. September could be a volatile month, but the structure indicates that upside potential is still in place. There, market participants are monitoring the current levels as a potential launching pad to the next rally.