Following Jerome Powell's comments, Bitcoin experienced a rapid increase from $112,000 to $116,000 in minutes. This surge was not limited to Bitcoin, as the entire market reacted positively. The Dow and S&P 500 made or were at all-time highs and the VIX dropped over 12 percentage points. However, despite the market's bullish response, a review of Powell's actual statements reveals nothing remarkably favorable. A potential failure price for BTC is set to $111000.