Bitcoin funding charges present demand to brief BTC as $40K turns into resistance
(BTC) consolidated below $40,000 on April 23 as market expectations favored additional losses.
1-hour candle chart (Bitstamp). Source: TradingView
Data from Cointelegraph Markets Pro and TradingView adopted a bearish BTC/USD after the pair touched $39,200 on Friday’s Wall Street open.
BTC funding charges chart. Source: CoinglassCrypto Fear & Greed Index (screenshot). Source: Alternative.me
DXY resistance hunted for BTC pattern break
U.S. greenback foreign money index (DXY) vs. BTC/USD annotated chart. Source: Crypto Rover/ Twitter (NYSE:)U.S. greenback foreign money index (DXY) 1-week candle chart. Source: TradingView
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