U.S. Dollar IndexUpdated Waiting for DXY to move
DXY will make a decision soon and when it does, BTC will inverse correlate.
Note
See the wick perfectly touch the trendline? Such an imperfectly perfect science this game of chart watching.Note
Very bearish structure on DXY, BTC is bullish now.Note
head and shoulders formed, looks to be targeting back down at 89
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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.