📊 Is $BTC Influenced by the Dollar? Will It Break the Trend ⁉️
In summary, the chart indicates that Bitcoin’s 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, Bitcoin’s main peak is between 110,000 - 120,000 unless it achieves these numbers early before the end of April 2025.