What changed
7% today, September 24, to trade at $84,061 at the time of writing Bitcoin’s drop below the $85,000 support has pushed the rest of the crypto market down, with The post Bitcoin Price Prediction as Dollar Index Reaches 8-Week High Amid Rising Fed Hike Bets appeared first on CoinGape This drop comes on the back of a strengthening dollar, with the US dollar index (DXY) surging to an eight-week high
Why it matters
Macro positioning around BTC can change volatility, liquidity, or sentiment. The concrete detail to watch is 7% today, September 24, to trade at $84,061 at the time of writing
Trading lens
Use this as watchful context from coingape.com. Watch whether bitcoin’s drop below the $85,000 support has pushed the rest of the crypto market down, with The post Bitcoin Price Prediction as Dollar Index Reaches 8-Week High Amid Rising Fed Hike Bets appeared first on CoinGape confirms momentum, invalidates active bias, or changes timing.