Interpreted Prediction
Bullish investors hope Powell's speech signals a dovish stance, leading to interest rate cuts, a weaker dollar, and support for Bitcoin's price.
AI Evaluation Notes
The prediction was that a dovish stance from Powell would lead to interest rate cuts and a weaker dollar, supporting Bitcoin. However, while Powell has expressed concerns about economic growth, the Fed has not significantly cut rates as of January 2026, and the dollar's movement has been mixed, leading to a more complex impact on Bitcoin.