Bitcoin temporarily falls below $100,000 after Powell says ”stockpiling is not possible”

It was reported that Bitcoin, a major cryptocurrency, temporarily collapsed above the $100,000 mark on the 18th (local time).
According to CoinMarketCap, a company that provides information on virtual currency prices, Bitcoin rose 9
Until the previous day (17th), Bitcoin had surpassed the $108,000 mark for the first time, and there were predictions that it was close to surpassing $110,000.
However, on the 18th, after the Federal Reserve announced a cut in the base interest rate, the dollar showed a significant downward trend and finally collapsed below the 100,000 dollar mark.
In particular, Federal Reserve Chairman Jerome Powell made it clear on the same day that he had no intention of participating in any government (Trump's second term) efforts to strategically hold Bitcoin.
On the 6th of last month, Bitcoin was flooded with profit-taking selling, causing the price to collapse below the $100,000 mark and even drop to the $96,000 range.
The strengthening of the US dollar due to the expectation of a delay in the cut of the US benchmark interest rate also led to a decline in Bitcoin.
The dollar index (the value of the dollar against the currencies of six major countries) rose above 108, its highest level in two years.