You can see that last two movements of bitcoin in the broadening ascending wedge is very similar to DXY movement's timing. Look at Green Boxes on both charts: DXY moved from midline to the bottom and bitcoin moved from bottom to top. Then look at Red Boxes: DXY moved from bottom to TOP, 2x previous price action but BTC came to the bottom line (ALMOST) the same much! I consider this as another good sign for BTC bulls.
Now, if DXY can break down 103 then BTC can go up to 24300$ with 22500$ as the stoploss.
Now, if DXY can break down 103 then BTC can go up to 24300$ with 22500$ as the stoploss.
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DXY is not letting 103 go. We are not bullish for a while...
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