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Crypto

Bitcoin Fails to Clear Key Resistance as Dollar Index Climbs

Guavy AI Editorial Team
Instruments
BTC
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The author of this market assessment, Aaron Dishner, notes that Bitcoin has reclaimed its strong bullish posture by climbing out of the Cloud on Monday. However, it failed to touch or clear TBO Resistance at $80,443.

Bitcoin's momentum is currently being weighed against other macro indicators, including the dollar index, the VIX, and cross-market caution flags.

The author classifies Bitcoin's recent move as a return into the Cloud zone and a shift toward bearish consolidation.

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