Bitcoin Analysis 8/10/22 (BTC VS DXY) Long

U.S. Dollar Currency IndexTVC

Description

⋅ Aug 10, 2022 1:07 PM

The DXY taking a nosedive is causing BTC to pump. The CPI report came out better than expected and that probably caused the price to pump as well. BTC needs to close a daily candle above 23.8k in order to confirm this bullishness.

Trend Analysis Bitcoin (Cryptocurrency)

Comments

peterbhc

⋅ Aug 10, 2022 1:14 PM

YUP 23.8 is key