BTC price levels to watch as Bitcoin holds $17K into the Wall Street open

BTC/USD annotated chart. Source: Michaël van de Poppe/ Twitter$18,500 as a formidable resistance zone to watch, while a daily close above $17,167 would be “encouraging.”alongside a chart showing $17,552 as clinch level on daily timeframes.A still-optimistic trader who tweets under the alias “Moustache” meanwhile

to a classic bottoming pattern — the inverse head and shoulders — “in full swing” on the 12-hour chart.Eyes were meanwhile on United States equities after Asian markets had another strong day's trading.Hong Kong's Hang Seng was up 4.5% on the day, while the Shanghai Composite Index managed a nearly 1.8% gain.

The U.S. dollar remained a focus within the macro picture, with the U.S. Dollar Index near five-month lows in what could yet be a boon for Bitcoin.Sven Henrich, founder of NorthmanTrader, meanwhile noted the ongoing inverse correlation between DXY and the S&P 500. "A key chart to navigating markets in past few months: The US dollar $SPX directional correlation. Still sitting at 95%," heThe views, thoughts and opinions expressed here are the authors’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph.

I think bitcoin will recover all winter and that's why I'm going to continue to regularly allocate usdt to buy bitcoin

Can't predict what's next to come!

Obviously, keep it pumping but it wasn't an easy task to learning the routes on trading .Cormac made it more easier to understand and have made over 6.7btc in space of 8 weeks interval.Details on Telegram : cormac_signals for clinical delivery of trades ..

Honestly, I’m looking forward to continued capitulation. Exchange como buyers for solid maximalist that have witnessed the difference between crypto and BTC. That’s is what we want, and need to build. An ironclad foundation of people who understand bitcoin to be more than just 📈

I expect Bitcoin to hit 20k usdt by X-mas.

Nah, I don't recommend investing $usdt in bitcoin right now. It always goes won.

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