Weaker dollar lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance
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Macro conditions flip to reduce pressure on risk assets, as one view gives Bitcoin bears $14,000 capitulation "hopium." Bitcoin (BTC) hit 48-hour highs overnight into May 20 as U.S. dollar weakness gave bulls some much-needed respite.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView
Weaker dollar lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance
Weaker dollar lifts Bitcoin to $30.7K as…
Weaker dollar lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance
Macro conditions flip to reduce pressure on risk assets, as one view gives Bitcoin bears $14,000 capitulation "hopium." Bitcoin (BTC) hit 48-hour highs overnight into May 20 as U.S. dollar weakness gave bulls some much-needed respite.BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView