BTC vs DXY

BTCUSDT/DXY 1W Chart

Hi folks,

🔺Let us change our point of view. Whether you like it or not, there is a correlation (between BTC and DXY).

🔺Experts claim the correlation is generally -0,70, which may differ from time to time.

🔺When we look at the chart 297 is another resistance.

🔺The pivot level is 371. Whenever BTC/DXY closes a week 371, we may say the real "BULL" is here!

🔺BTC/DXY may fall to the 255 (KAMA Support) level with the expected FED interest rate hikes.

Bonus Chart: BTC - DXY Correlation

snapshot

Ps: Do not forget to hit the like button!
Bitcoin (Cryptocurrency)BTCBTCUSDTcorrelationDXYFundamental AnalysisTrend Analysis

Kripto işlemlerimi Gate.io üzerinden yapıyorum.

İndirimli referans: gate.io/signup/U1BDA1AN?ref_type=103

On-Chain metrikler için: app.intotheblock.com/
Also on:

Related publications

Disclaimer