The DXY ran into resistance on the 4HR. If the candle is closed under the blue line risk on assets like BTC can have their (temporary) rally.
Visible on the Daily and 4H chart. Bears calling for a drop, but the 4D chart shows a big support on the Ichimoku Cloud (Tenkin). Long, because I'm a contrarian. Resistance around 52-58K though.
Bears will get rekt soon. Bullmarket will resume in full glory. Bullish weekly MACD cross, which has never happened during a so called "dead cat bounce".
BTC looks like it's in a falling wedge. Volume is very low, liquidity is needed to continue the second phase of the bullrun. Expect a large wick at the bottom of the wedge to pick up liquidity and move up. Better have your orders ready as seen on the chart.