Seems that the interest for BTC/USD at 24k is not there in the market. The recent trend upward will see a pullback to the 20k level where the market has already shown to be more comfortable. This is a point to take some short term profit.
The long term uptrend is still in place and represents a good dollar cost averaging opportunity for those looking to gain more position and benefit from eventual full market rebound that will come closer to the halving event.
The DXY index looks to not have found a top as yet so the coming uptrend in the dollar will apply further downward pressure on BTC and crypto market as a whole.
The long term uptrend is still in place and represents a good dollar cost averaging opportunity for those looking to gain more position and benefit from eventual full market rebound that will come closer to the halving event.
The DXY index looks to not have found a top as yet so the coming uptrend in the dollar will apply further downward pressure on BTC and crypto market as a whole.
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The BTC Vibz
PrinstonPalmer
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