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DXY has been stuck on this resistance twice before since 2016, and given the current market sentiment I think its highly likely we see it take a downturn.
Option A. - grey bars
In this case we would see DXY pullback along with the rest of the markets, until a turn around occurs in 2023. This would be smaller market dip/recession, and not something like 2008...
Provided BTC holds itself together, we should see FTM climb up to .60 to test the resistance of the downward channel. A dip from .60 to .45 to confirm the range before a breakout would be ideal to see, with that breakout carrying on to .80 at the bottom of the range pre-crash.
