Bitcoin price approaches potential springboard to $23K as DXY cools surge
With support and resistance inches from spot price, BTC/USD has increasingly little room to consolidate. Go to Source Powered by WPeMatico
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Bitcoin faces fresh pressure as US dollar crushes gold, risk assets
BTC/USD falls $1,000 while spot gold gives up 2% as USD strength intensifies, beating the year’s previous peaks. Go to Source Powered by WPeMatico
Bitcoin’s inverse correlation with US dollar hits 17-month highs — what’s next for BTC?
Market pundits anticipate the dollar rally to either stall or correct by the end of 2022, benefiting Bitcoin. Go to Source Powered by WPeMatico
Bitcoin nears worst monthly losses since 2011 with BTC price at $19K
Bitcoin price action will seal monthly losses over 40% for the first time in 11 years if it closes at $19,000. Go to Source Powered by WPeMatico
Ethereum price dips below the $1.8K support as bears prepare for Friday’s $1B options expiry
Looming macroeconomic concerns and this week’s $1B ETH options expiry threaten to pin Ethereum price under the $1,800 support. Go to Source Powered by WPeMatico
U.S. dollar index retreats from 20 year highs — but will DXY topping spark a Bitcoin recovery?
Strong euro and overbought readings could pressure the dollar further, showing signs of topping out—Bitcoin at risk of falling. Go to Source Powered by WPeMatico
Weaker dollar lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance
Macro conditions flip to reduce pressure on risk assets, as one view gives Bitcoin bears $14,000 capitulation “hopium.” Go to Source Powered by WPeMatico
Bitcoin price slow to react as US dollar rally stops at 20-year highs
A failure to hold $40,000 comes as the U.S. dollar currency index finally weakens. Go to Source Powered by WPeMatico
Bitcoin rejects $40K as US dollar strength hits 20-year high
The U.S. dollar currency index breaks through resistance to hit its highest level since 2002 — to the detriment of practically everything. Go to Source Powered by WPeMatico
Trader flags BTC price levels to watch as Bitcoin still risks $30K ‘ultimate bottom’
A lot rests on the U.S. dollar cooling its bull run and fast, Michaël van de Poppe says, with Bitcoin’s upside potential still impressive. Go to Source Powered by WPeMatico
