once again we are moving a bit sideways loosing a little bit of the buying pressure, but overall we are not retracing so deep. we have to break above the rend line to make a new high. But my yellow lines are what I suspect the market to do. We have to stay above the blue conversion line of the itchimoku cloud to remain bullish.
Comment:
if the dollar goes up, then btc will go down and vis versa