BTC kainų lygis, kurį reikia stebėti, kai Bitcoin turi 17 XNUMX USD į atvirą rinką

Bitcoin (BTC) cooled volatility above $17,000 into the Dec. 5 Wall Street open as traders confirmed upside targets.

Bitcoin traders warm to near-term upside

Duomenys iš „Cointelegraph Markets Pro“ ir TradingView followed BTC/USD as it held overnight gains, having hit three-week highs.

The weekly close itself was encouraging for some, forming Bitcoin’s highest since the FTX skandalas sulūžo.

Now, 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, rašė in an update on the day.

A tolesnis įrašas offered a BTC/USD chart with relevant price levels of interest.

Fellow trader Titan of Crypto pažymėtas $18,500 as a formidable resistance zone to watch, while a daily close above $17,167 would be “encouraging.”

“Are we leaving the range this week?” trader DoopieCash pasiteiravo alongside a chart showing $17,552 as clinch level on daily timeframes.

A still-optimistic Moustache meanwhile nukreiptas to a classic bottoming pattern, the inverse head and shoulders, “in full swing” on the 12-hour chart.

Dollar strength faces tense week

Eyes were meanwhile on United States equities as Asian markets had another strong day’s trading.

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Hong Kong’s Hang Seng was up 4.5% on the day, while the Shanghai Composite Index managed nearly 1.8%.

The U.S. dollar remained a focus within the macro picture, with the U.S. dollar index (DXY) 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 comments paminėta dieną.

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