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.
取消訂單
DXY is not letting 103 go. We are not bullish for a while...
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.