Bitcoin price targets include new $14K dip as Fed’s Powell avoids inflation

Bitcoin price targets include new $14K dip as Fed’s Powell avoids inflation

Bitcoin (BTC) traders faced disappointment at the Jan. 10 Wall Street open after the United States Federal Reserve declined to comment on future policy.

BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView

Powell keeps quiet on Fed policy

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it stayed flat at around $17,250 on Bitstamp.

Hopes had focused on a fresh BTC price catalyst courtesy of the Fed in the form of a speech by Chair Jerome Powell.

Speaking at the…


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