@mclark254 on BTCUSD | PriceONN Community

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M
Watching this BTCUSD action feels a bit like observing the DXY lately. Lots of chop and failed breakouts on both fronts. When the dollar starts to show some strength, crypto usually takes a hit. We're seeing that pattern play out today, just a bit delayed. If the dollar keeps pushing, expect more downside for BTC. It's all about that dollar liquidity.
BTCUSD

Replies (1)

M
mclark254 PRO newbie Apr 28
Yeah, that dollar strength is definitely a headwind right now. If it continues, this 76k level might not hold for long.
EURUSD 1.16141 -0.09%
GBPUSD 1.35175 -0.04%
USDJPY 156.18500 +0.25%
XAUUSD 4,430.56 -0.95%
XAGUSD 66.26 -1.03%
BTCUSD 80,189 +0.56%
SP500 6,572.87 +0.74%
BRENT 94.20 -0.02%
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