---
title: "Bitcoin traders expect Fed Chair Powell to ‘pump our bags’ and BTC to target $80K+"
url: https://diffcoin.com/bitcoin-traders-expect-fed-chair-powell-to-pump-our-bags-and-btc-to-target-80k/
description: "Historical Bitcoin performance data and investors' expectation that the Fed will “pump our bags” have traders anticipating a strong BTC price rebound.…"
published: 2024-05-13
updated: 2024-05-13
author: "Mila"
site: "Diffcoin"
---

# Bitcoin traders expect Fed Chair Powell to ‘pump our bags’ and BTC to target $80K+

Historical Bitcoin performance data and investors’ expectation that the Fed will “pump our bags” have traders anticipating a strong BTC price rebound.

[Source link](https://cointelegraph.com/news/bitcoin-traders-expect-fed-chair-powell-to-pump-our-bags-and-btc-to-target-80k)