@BOMBERuss 8 July 2022 more from that month

The continued strengthening of the dollar threatens the growth of #bitcoin, which rose today to $ 22.5 thousand. According to the largest cryptocurrency exchange #Binance, the maximum price of BTC/USDT corresponded to $22,527, which means an increase of almost 18% since the beginning of the week (plus $3,400). At the time of publication, the price of the cryptocurrency was at $21,375. Thanks to this growth, bitcoin tested the level of the 200-week moving average (200 WMA) from below, which traditionally plays the role of support during a bear market. Therefore, it is not surprising that the asset failed to overcome #200WMA the first time — this is an important and strong level. il Capo Of Crypto drew attention to the strengthening of the dollar: #DXY enters the parabolic phase. Bitcoin has grown a little, and people have fallen into euphoria, expecting $ 40 thousand. There is not a single bullish signal supporting the upward movement, while the price is in front of the resistance at the level of $ 21-22 thousand. The pullback will be strong. Altcoins can fall by 45-50%. No mercy. What il Capo Of Crypto is undoubtedly right about is the growth of the US #dollar index (DXY), which reached a new twenty-year high today at 107.786 points.