seach-icon
  • user-img

    QONEQT in Bitcoin

    04-Nov-2022 07:19 AM


    thumbnail

    Bitcoin holds $20K post-Fed as rising dollar sparks BTC price warning

    Bitcoin (BTC) lingered lower on Nov. 3 as the aftermath of the Federal Reserve interest rate hike subsided.
    Data from monitoring resource Material Indicators highlighted potential support and resistance zones using trades from the Binance order book.
    “Two order clusters are added at $19000 & $21000.
    Source: TradingView Uploading charts of the U.S. dollar index (DXY), he warned that the impact of the dollar gaining ground would be felt across risk assets.
    Bouncing off recent lows, targeting the top of the uptrend channel, just as I said it would after we see another hike,” he wrote.

    Source - CoinTelegraph
    #bitcoin