BitcoinLong
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
Ps: Do not forget to hit the like button!
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
Ps: Do not forget to hit the like button!
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Disclaimer
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.
TradingView'deki avantajlar için : tr.tradingview.com/pricing/?share_your_love=Bullfighterr
IntoTheBlock için: app.intotheblock.com/
CryptoQuant için: cryptoquant.com/sign-up?my-friend=6s1a59g3
IntoTheBlock için: app.intotheblock.com/
CryptoQuant için: cryptoquant.com/sign-up?my-friend=6s1a59g3
Related publications
Disclaimer
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.