DXY Index Reaching the Major Resistance, Will Bitcoin(BTC) Price Slide to $35,000 or Jump to $50,000? - BitcoinEthereumNews.com
Bitcoinडीएक्सवाई इंडेक्स प्रमुख प्रतिरोध तक पहुंच रहा है, क्या बिटकॉइन (बीटीसी) की कीमत $ 35,000 तक गिर जाएगी या $ 50,000 तक पहुंच जाएगी?04 / 15 / 2022बिटकॉइन एथेरियम समाचार Bitcoin और Ethereum appear to have stuck up in a narrow range including all the other major crypto assets. Moreover, the current consolidation hints at a significant bearish divergence which may drag the price beyond the local support. However, one of the main reasons that could stop the बीटीसी मूल्य from igniting a rally is the strengthening of the U.S.Dollar. And hence a drop in the DXY index may gain enough strength. The DXY index is gaining extreme strength for the past year after bottoming hard and slightly levels below 90. However, after undergoing a parabolic recovery, the DXY index has entered the मजबूत प्रतिरोध zone around 100. And hence a significant drop may be expected any time from now. This may however ignite a significant bitcoin bull rally towards its ATH. On the other hand, the Bitcoin price has bounced well from the lower support after a brief consolidation. Therefore, it may be at the foothill of an explosion that may uplift the price towards the much-required levels close to $50,000. However,