After Jerome Powell’s speech, markets are caught in the middle. Participants are hoping for a pivot. Is the bottom in or is more pain on the horizon?

The below is an excerpt from a recent edition of Bitcoin Magazine Pro, Bitcoin Magazine's premium markets newsletter. To be among the first to receive these insights and other on-chain bitcoin market analysis straight to your inbox, subscribe now.
Powell’s Speech And Contracting ISM PMI
We want to zoom out and revisit the broader macroeconomic picture and analyze some of the latest data that came out this week, which will heavily influence the market direction over the next few months.