Bitcoin (BTC) reached five-day highs on May 15, continuing its rebound after the Wall Street open. BTC/USD reached $27,666 on Bitstamp and held strength on hourly timeframes after a weekly close just below the $27,000 mark. Crypto analysts looked for cues over where markets might go next, with some predicting a continued upward trend towards $38,000-42,000. Meanwhile, attention continued to focus on U.S. dollar strength after a week of solid gains, with some traders noting the inverse correlation between the dollar and crypto assets.
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