• Dan Gambardello thinks Bitcoin is preparing for a significant rally after consolidation.
• According to Gambardello, Bitcoin’s rally depends on a pullback in the Dollar Index.
• The analyst noted Bitcoin will surge if it breaks above current resistance, otherwise, the price could drop to $65,000.

Renowned crypto analyst Dan Gambardello thinks the crypto market is preparing for a significant development after some reasonable consolidation. In a recently uploaded video, Gambardello noted that the Dollar Index is in a critical moment and needs to pull back for the crypto market to rally.

Gambardello explained that the outcome of the Dollar Index behavior will directly impact Bitcoin and cryptocurrencies. According to the analyst, the resulting situation could be significant following the crypto market’s latest conso…

The post BTC Nears Breakout, Relies On Dollar Index Pullback To Continue Rallying appeared first on Coin Edition.

• Dan Gambardello thinks Bitcoin is preparing for a significant rally after consolidation.
• According to Gambardello, Bitcoin’s rally depends on a pullback in the Dollar Index.
• The analyst noted Bitcoin will surge if it breaks above current resistance, otherwise, the price could drop to $65,000.

Renowned crypto analyst Dan Gambardello thinks the crypto market is preparing for a significant development after some reasonable consolidation. In a recently uploaded video, Gambardello noted that the Dollar Index is in a critical moment and needs to pull back for the crypto market to rally.

Gambardello explained that the outcome of the Dollar Index behavior will directly impact Bitcoin and cryptocurrencies. According to the analyst, the resulting situation could be significant following the crypto market’s latest conso…

The post BTC Nears Breakout, Relies On Dollar Index Pullback To Continue Rallying appeared first on Coin Edition.