Bitcoin: BTCUSD Over Thanksgiving Entry Points for some potentially big trades ahead: neutral in near term ahead of the action
Hoping you'll have got out of longs when that pin bar mentioned in last update coudn't be beaten. It was likely a serious player in a low volume market who knew what he was doing at an inflection point with good timing - on a holiday, but...
DXY is standing at a very critical position right now. There is a strong historical peak resistance and resisted by Fibo%63.8 retracement as well.. At the same time potential Shoulder-Head-Shoulder pattern is almost completed.
On the other hand rate hike is pushing up the DXY.
Yellen's speech on Friday may accelerate the new big movement.