#BTC/USD Bitcoin Pumped as expected +1300$ details on ch | CRYPTO COACHING α |BINANCE SPOT & BYBIT FUTURES|
#BTC/USD
Bitcoin Pumped as expected +1300$ details on chart
#Bitcoin broke November 2021 trendline and this may through Bitcoin to pullback. Dollar Index near latest breakout level at 110 which can be a suitable spot for bullish bounce. SPX formed 11 upclose candles in a row. All that gives us that conclusion. But as long as we find support around 19.4-19.5k we should have a bounce to make upward move.
Technically, at 1D frame technical technical situation remains positive with the MACD and WaveTrend pointing upwards. On a 4h time frame, the indicators are also positive despite signs of bearish curves visible on the WaveTrend.