IMO #DXY is in correction phase (max around 101.29 - min around MA100). So Bitcoin can pull back to
27K level.
Then USD can continue its upward movement. The first resistance is 103.50
In case of breakout, be ready for 105 and 108. And this is not a good sign for the Crypto market.
Then USD can continue its upward movement. The first resistance is 103.50
In case of breakout, be ready for 105 and 108. And this is not a good sign for the Crypto market.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.