#BTC General Update
The weekly candle closed above $30k which is a good sign that Bulls are trying to hold the Bitcoin price above $30k. BTC is still ranging between $28600 and $30400 zones for 11th day. A daily close above this zone will pave way for $31600 major resistance. If Bitcoin breaks this level it will give more strength to the bull. Market will turn bearish again if price drop below $29,000 level.
From our last update, DXY is taking a nice retest from the weekly and 4H trendline Resistance. A breakdown from $102.35 support will give further relieve for BTC in the coming days.
New CME gap formed down to $29,300. There is high chances that we give fill up before further upward movement. Trade with tight stop loss.
