Bitcoin has turned bullish after DXY has lost its momentum.
Looking at the 1 Day chart, Bitcoin broke out of resistance, and if bitcoin forms another big green candle then
bitcoin is bullish for the short term. The next resistance is around 22.5k. (Bitcoin would need to consolidate, quick scalps here and there)
** This can all be invalidated if DXY comes back up. **
** Not Financial advice, trade at your own risk**
Always Remember: Fundamentals > Technical Analysis.
Looking at the 1 Day chart, Bitcoin broke out of resistance, and if bitcoin forms another big green candle then
bitcoin is bullish for the short term. The next resistance is around 22.5k. (Bitcoin would need to consolidate, quick scalps here and there)
** This can all be invalidated if DXY comes back up. **
** Not Financial advice, trade at your own risk**
Always Remember: Fundamentals > Technical Analysis.