Good Risk to Reward for Going Long on Bitcoin based on DXY pivot

2023年2月8日

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.

2023年2月11日

取消訂單

DXY is not letting 103 go. We are not bullish for a while...