HomeUncategorizedBitcoin ‘buy’ signal excites as dollar, gold extend losses, BTC price heads past $41.5K By Cointelegraph

Bitcoin ‘buy’ signal excites as dollar, gold extend losses, BTC price heads past $41.5K By Cointelegraph

April 21, 2022

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Bitcoin ‘buy’ signal excites as dollar, gold extend losses, BTC price heads past $41.5K

(BTC) closed above a crucial level into April 20 as the daily chart offered a long-awaited “buy” signal.

1-hour candle chart (Bitstamp). Source: TradingView

Data from Cointelegraph Markets Pro and TradingView confirmed a daily close at $41,500 on Bitstamp for April 19.

U.S. dollar currency index (DXY) 1-hour candle chart. Source: TradingView
1-hour candle chart. Source: TradingView
BTC/USD 1-week candle chart (Bitstamp) with Bollinger Bands. Source: TradingView
Bitcoin Reserve Risk chart. Source: Glassnode