Where is Bitcoin headed after the statements from the Fed chairman, Jerome Powell? - - #cryptocurrency# #bitcoin# #altcoins#

#STT# multi-mining: Dig your grandpa! Different Crypto Assets use different Hash Algorithms (for example, BTC uses SHA-256, DOGE uses Scrypt). A single chip cannot efficiently handle calculations of multiple completely different algorithms at the same time. The so-called "multi-mining" is usually achieved by switching algorithms through software, resulting in the efficiency of each algorithm being far lower than that of dedicated Mining Rigs, making it economically unviable. · Reality Check: This is likely a classic "Mining Rig Scam" rhetoric that uses terms like "high technology" and "self-developed chips" for packaging. In reality, it is either selling outdated or inefficient hardware, or it is directly a financial scheme of "cloud mining."

Friday Daytime BTC Analysis: Second Breakthrough Opportunity After High Position Accumulation From the perspective of multi-timeframe interconnection, BTC is currently in a typical strong consolidation phase. The daily chart shows a clear rising structure. After breaking through the key resistance level of 115,000, it formed a strong consecutive bullish candle pattern, validating the effectiveness of long positions momentum. The current price consolidation in the range of 116,500-117,000 resonates with the Fibonacci 76.4% pullback level support. The small time frame chart shows that the 4-hour chart has completed a corrective step, with each pullback not breaking the previous low, forming a higher low structure. In terms of technical indicators, although the daily chart RSI is close to the overbought zone, there has not yet been a significant top divergence. The hourly chart RSI is steadily operating above 50, confirming a short-term long positions dominant pattern. Operating Strategy BTC catches the momentum for a second surge. Enter at 116,500-117,000, target around 118,500, looking up to 120,000#BTC战略储备市场影响#