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U.S. Dollar Index

DXY Monthly DROP!

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The DXY shows a bull flag forming on the DXY with the stochastic RSI completely overbought and the price reaching the top resistance of the flag. Does this show a massive move from Bitcoin and possibly the transfer of the dollar being backed by Bitcoin as reserve? Questionable ideas. Express your opinion down below in the comments.
ChuSay_Crypto
Beyond Technical AnalysisBitcoin (Cryptocurrency)Chart PatternsdollarDXYMonthly ChartspredictionsprojectionsTrend Analysis

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.
Beyond Technical AnalysisBitcoin (Cryptocurrency)Chart PatternsdollarDXYMonthly ChartspredictionsprojectionsTrend Analysis
ChuSay_Crypto

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.