Bitcoin price approaches potential springboard to $23K as DXY cools surge
— Strength, Continues, Sand, Conduct, Whale perspective, Zone, Proper d1 trend retest, First time, Fresh update .“ warned, Neutral — 1 min read
Bitcoin (BTC) approached the July 6 Wall Street open near $20,000 as a fresh battle between support and resistance loomed. Order book data confirmed that support and. resistance was now almost shoulder-to-shoulder. Buyer interest remained at around $19,200, this also formed of whale bids which formed after BTC/USD dipped to multi-year lows of $17,600 in Q2. U.S. dollar index (DXY), fresh from a surge to new twenty-year highs, meanwhile consolidated immediately below the peak, still above 106. On macro, Asian markets drifted lower, with Hong Kong’s Hang Seng down 1.2% and the Shanghai Composite Index down 1.4% at the time of writing. Source