Bitcoin Price Intraday Analysis: BTC/USD Slips Intrarange
The bitcoin-to-dollar exchange rate on Thursday dropped a little over 1 percent from its intraday high towards 6377-fiat.
Currently, the pair is trading at 6412-fiat, up 0.54 percent from the latest low. On the US Dollar front, the DXY continues to act inverse against the bitcoin market. The correlation is too visible to evade notice. When DXY rises, bitcoin starts dropping. And when DXY starts dropping, bitcoin rises. In the past 24 hours, the DXY market has established a fresh two-month top near 96.60 after dropping to lows yesterday, while bitcoin, as stated above, has plunged.
https://www.ccn.com/bitcoin-price-intraday-analysis-btc-usd-slips-intrarange/
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