Matrixport: The market focuses on Powell's speech at Jackson Hole, and Bitcoin rebounds

BlockBeats news, on August 20, Matrixport released the latest view that Bitcoin is at a critical point to break through the current narrowing triangle. If it breaks upward, it may trigger positive momentum; otherwise, the price rebound expectation may be extended.

Fed Chairman Powell is about to give a speech in Jackson Hole, and the stock market is expected to rebound in advance. In addition, the release of the minutes of the last FOMC meeting may bring dovish signals.