DXY bounces off major support, reducing Bitcoin's chances of breaking the $17.2,000 resistance
The Dollar Index (DXY) found support at a key level, leading traders to wonder if BTC will manage to return 17 $250 to support it.
![DXY bounces at major support, reducing Bitcoin's chance at breaking the $17.2K resistance](https:// images.cointelegraph.com/images/1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvNjBiNzdhMjYtZDhmNC00Mjc1LThkYzMtYzhlZDUzMzA1YjkwLmpwZw==.jpg)
![DXY bounces off major support, reducing Bitcoin's chances of breaking the $17.2,000 resistance](https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvNjBiNzdhMjYtZDhmNC00Mjc1LThkYzMtYzhlZDUzMzA1YjkwLmpwZw==.jpg?#)
The Dollar Index (DXY) found support at a key level, leading traders to wonder if BTC will manage to return 17 $250 to support it.
![DXY bounces at major support, reducing Bitcoin's chance at breaking the $17.2K resistance](https:// images.cointelegraph.com/images/1434_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMTIvNjBiNzdhMjYtZDhmNC00Mjc1LThkYzMtYzhlZDUzMzA1YjkwLmpwZw==.jpg)
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