I just shared a chart for the US Dollar Index (DXY) which is super bullish.
Everything is pointing up.
If you've been reading my Bitcoin analysis for the past 10 days, you can tell we are bearish, everything is pointing down.
DXY vs Bitcoin
If this inverse relation continues, this is how things will go.
DXY goes very high while BTC's correction intensifies even more.
This can easily happen.
After a bullish wave, a correction comes. (BTC)
After a bearish wave, prices tend to go up. (DXY)
Do you agree with this analysis?
Leave a comment and let us know.
Namaste.
Everything is pointing up.
If you've been reading my Bitcoin analysis for the past 10 days, you can tell we are bearish, everything is pointing down.
DXY vs Bitcoin
- We have the DXY coming out of a bottom pattern/formation, breaking resistance aiming upwards.
- We have BTC hitting new All-Time Highs/Peaked, breaking support aiming lower.
If this inverse relation continues, this is how things will go.
DXY goes very high while BTC's correction intensifies even more.
This can easily happen.
After a bullish wave, a correction comes. (BTC)
After a bearish wave, prices tend to go up. (DXY)
Do you agree with this analysis?
Leave a comment and let us know.
Namaste.
Nota
Right on target.There will be more.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Trading Cryptocurrencies can be the hardest undertaking ever without the right trade-numbers, without accurate private-access information. Free is free, but the best always requires sweat, an investment. Since 2017 👇
t.me/masteranandatrades/8778
t.me/masteranandatrades/8778
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.