Weaker buck lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance

Weaker buck lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance

Weaker buck lifts Bitcoin to $30.7K as analyst eyes 60% BTC dominance

Bitcoin (BTC) hit 48-hour highs in a single day into Would possibly 20 as U.S. buck weakness gave bulls some mighty-wished respite.

<em><span class="aqPopupWrapper js-hover-me-wrapper"><a href="https://www.investing.comhttps://www.investing.com/crypto/bitcoin/btc-usd" id="628774e13bd" class="aqlink js-hover-me" hoverme="aql" data-pairid="945629">BTC/USD</a></span> 1-hour candle chart (Bitstamp). Source: TradingView</em>

Data from Cointelegraph Markets Skilled and TradingView recorded a excessive of $30,725 for BTC/USD on Bitstamp.

<em><span class="aqPopupWrapper js-hover-me-wrapper"><a href="https://www.investing.com/currencies/us-dollar-index" id="628774e13bd6d" class="aqlink js-hover-me" hoverme="aql" data-pairid="8827">U.S. buck index</a></span> (DXY) 1-hour candle chart. Source: TradingView</em>
<em>Bitcoin dominance 1-week candle chart. Source: TradingView</em>

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