BTC price levels to watch as Bitcoin holds $17K into the market open

The weekly close itself was encouraging for some, forming Bitcoin’s highest since theNow, traders were hoping that upside would continue toward $20,000, with various resistance zones in play.

“Slowly, but surely, Bitcoin is grinding upwards. Needs to crack $17.4-17.6K, but then we most likely continue quite fastly towards $19K,” Michaël van de Poppe, founder and CEO of trading firm Eight,BTC/USD annotated chart. Source: Michaël van de Poppe/ Twitter$18,500 as a formidable resistance zone to watch, while a daily close above $17,167 would be “encouraging.”alongside a chart showing $17,552 as clinch level on daily timeframes.

The U.S. dollar remained a focus within the macro picture, with the U.S. dollar index near five-month lows in what could yet be a boon for Bitcoin.Sven Henrich, founder of NorthmanTrader, meanwhile noted the ongoing inverse correlation between DXY and the S&P 500. "A key chart to navigating markets in past few months: The US dollar $SPX directional correlation. Still sitting at 95%," part of Twitter commentsThe views, thoughts and opinions expressed here are the authors’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

BTC as a Christmas gift does sound cool.

Christmas is coming and you can choose anything to win as a gift! What would you choose?👇

Hopefully, the green candle, which represents hope from the lower rate coming, lit up.

대한민국 최근 뉴스, 대한민국 헤드 라인

Similar News:다른 뉴스 소스에서 수집한 이와 유사한 뉴스 기사를 읽을 수도 있습니다.

Bitcoin, Ethereum Technical Analysis: BTC Races to 3-Week High on Monday – Market Updates Bitcoin NewsBitcoin was trading above $17,000 on Monday, as the world’s largest cryptocurrency raced to a three-week high. climb to freefall It may be a sign of bull trend. If bitcoin starts trending, other significant cryptos like eth and some others will do the same. It is time to catch the dips. Bitcoin will definitely recover by the end of December. That's why I'm keeping a long on bitfinex open
출처: BTCTN - 🏆 531. / 51 더 많은 것을 읽으십시오 »

Bitcoin Pulls Above $17K as Axie Infinity (AXS) Skyrockets 23% (Market Watch)Bitcoin managed to register its highest price tag in just over 20 days.
출처: Crypto_Potato - 🏆 568. / 51 더 많은 것을 읽으십시오 »

Bitcoin Above $17K as Unwinding of ‘Fed Trade’ Lifts US StocksBitcoin bounces back above $17,000 despite trading at a significant discount following the collapse of crypto exchange FTX. Arca Head of Research Katie Talati joins “First Mover” to discuss major crypto price actions and notable token activities of SRM, AAVE and APE. Plus, the latest on the correlation between digital assets and the traditional market. arca KatieTalati FTX_Official kucoincom That's why: all eyes on radixdlt on 8 December!!! RadFi2022
출처: CoinDesk - 🏆 291. / 63 더 많은 것을 읽으십시오 »