Having a look on the dollar index (See the related idea below), we can see a falling wedge which could lead to a reinforcement of the dollar against all currencies including the bitcoin.
Currently we can see on the BTCUSD chart that the price is testing a resistance between 9500-10000. The setup will be invalidated if the price goes above 10500.
In case of validation of the potential reversal the next target could be very low around 3000.
Currently we can see on the BTCUSD chart that the price is testing a resistance between 9500-10000. The setup will be invalidated if the price goes above 10500.
In case of validation of the potential reversal the next target could be very low around 3000.
