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Friday, December 8, 2023

Bitcoin bulls lie in wait as US dollar strength hits 5-month lows By Cointelegraph

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(BTC) continued to hold key support on Dec. 2 as United States stocks fell on the Wall Street open.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as bulls bought time between $16,800 and $17,000.

(DXY) 1-day candle chart. Source: TradingView
BTC/USD annotated chart. Source: Rekt Capital/ Twitter