đ Is $BTC Influenced by the Dollar? Will It Break the Trend âď¸
In summary, the chart indicates that Bitcoinâs breakout was delayed due to the dollar breaking its trend and support levels.
The dollar is not far from its target of 97-94.
If Bitcoin delays further, its main peak target will be close, not as high as many expect, unless it jumps strongly and quickly, potentially reaching 150,000 - 170,000.
Based on the current movement, Bitcoinâs main peak is between 110,000 - 120,000 unless it achieves these numbers early before the end of April 2025.
