BTC suddenly crashes, is the real big boss actually Powell?

Many people think that this drop below 80k in BTC is all because of the US-Iran conflict.
Actually, that's only half correct.
War can only create panic,
The true determinant of market direction is still the Federal Reserve.
Because now all assets worldwide are living in one sentence:
"When will the interest rate cut happen?"
After the US-Iran conflict escalates, oil prices fluctuate sharply, and high oil prices will increase inflation pressure.
This means the Federal Reserve may be even less willing to cut rates easily.
So the market suddenly realizes:
Uh-oh,
High interest rates might have to continue for a while.
This is the real reason behind BTC's sharp plunge.
Because over the past two years, one of the biggest underlying reasons for Bitcoin's rise has been the expectation that global liquidity will loosen again in the future.
But if rate cuts continue to be delayed, market valuation systems will come under renewed pressure.
And tonight’s non-farm payroll report is the key validation.
If employment remains strong, it indicates the US economy doesn’t need “rescue,” then the probability of the Fed maintaining high interest rates will be higher.
BTC may continue to be under short-term pressure.
But if the non-farm payrolls are significantly below expectations, the market will reignite hopes for rate cuts.
At that point, it wouldn’t be surprising if BTC reattacks 80k or quickly recovers its losses.
So the market now feels very much like:
One side worries about war;
The other side hopes the economy worsens;
And in the end, we still have to thank the Fed for not being too hawkish.
Wall Street is no longer schizophrenic,
It’s starting to “quantum split.”#比特币跌破8万美元