BTC ANALYSIS Bitcoin has formed an ascending triangle patte | Abu moha 24434 on Binance Square

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BTC ANALYSIS
Bitcoin has formed an ascending triangle pattern on the 2H chart.
A breakout above the resistance zone could push the price towards targets at $105,700 and $107,500🎯

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+0.62%

11

0

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$NEAR /USDT | LONG ⬆️ [Futures 18x leverage] ⚪️Entry price: 2.8$ ⚪️Type of order: Market order ⚪️Take profits: 2.854$ 2.9$ 2.94$ ⚪️Stop-loss: 2.625$ Potential profit when we finish the last take profit = +80% ✅

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⏬ The dollar index has reached its lowest level since the beginning of March It is already down 11% since the beginning of the year. This weakening of the dollar could have important implications for global markets. A historically weak dollar makes offshore funding in US dollars cheaper. This could be a catalyst for risk assets, including stock indices and cryptocurrencies, to rise. Against the backdrop of current macroeconomic uncertainty, a weaker dollar could play into the hands of those betting on a market recovery.

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