Биткоин аналитичари гледају на слабљење америчког долара јер се цена БТЦ-а бори за 17 хиљада долара

Битцоин (BTC) bulls attempted to retake $17,000 into the Dec. 4 weekly close as volatility looked set to return to the market.

Bollinger Bands demand BTC pricevolatility

Подаци из Цоинтелеграпх Маркетс Про ТрадингВиев showed BTC/USD crisscrossing the $17,000 mark — a focal point throughout the weekend.

With macro cues still to come, Bitcoin looked for catalysts as signs of volatility crept into low timeframes.

Among those eyeing a potential break of the status quo was popular trader Cheds, who напоменути that the Bollinger Bands volatility indicator was flashing on the 4-hour chart.

Bollinger Bands constricting signals that volatility is due soon, and on the day, 4-hour chart bands were at their narrowest since Nov. 27 — just before BTC/USD gained $1,000.

Fellow trader Crypto Tony meanwhile stayed put on his short-term BTC price theory.

“Simply no change over the last few days,” he Рекао Твиттер пратиоци.

“We are grinding more into the EQ / mid range, but i wouldn’t be surprised to see a wick up to form an SFP and back down.”

Previously, Crypto Tony означено $21,500 as a target to aim for if bulls were to take control and change the trend.

U.S. dollar index reverses relief bounce

The coming week meanwhile looked increasingly important for the U.S. dollar and, by extension, risk asset performance.

Релатед: Коефицијент одлива Битцоин рудара достигао је 6-месечни максимум у новој претњи цени БТЦ-а

Already at its lowest levels in five months, the U.S. dollar index (DXY) looked decidedly bleak at the end of the prior week’s trading.

A bounce to 105.6 on Dec. 2 reversed almost entirely through the day, DXY finishing on 104.5.

For technical analyst Gert van Lagen, it was all part of the plan, with bearish DXY signals apparent even in November.

“Swift bearish continuation would be normal here,” he wrote (написано) in analysis on Nov. 23 to which he returned over the weekend.

“Correction ongoing,” trading resource Stockmoney Lizards додао about DXY performance.

Ставови, мисли и мишљења изнети овде само су аутори и не одражавају нужно ставове и мишљења Цоинтелеграпх-а.