The DXY is at a pivotal point here, and potentially breaking higher into a new upward trend channel.
This would be bad for Bitcoin and crypto overall as the DXY has a strong inverse relationship.
If the DXY stays in this area and drifts lower we could see a short-term crypto rally including Bitcoin and Ethereum.
If it breaks up above the 103.5 to 104 level, then we're into a crypto pullback zone.
If we continue dropping back into the downward trending channel then we're in the crypto rally a zone, and possibly even down below 100 into the crypto super pump rally zone.
Hard to say here...
This would be bad for Bitcoin and crypto overall as the DXY has a strong inverse relationship.
If the DXY stays in this area and drifts lower we could see a short-term crypto rally including Bitcoin and Ethereum.
If it breaks up above the 103.5 to 104 level, then we're into a crypto pullback zone.
If we continue dropping back into the downward trending channel then we're in the crypto rally a zone, and possibly even down below 100 into the crypto super pump rally zone.
Hard to say here...
25-year investor & trader, bought 1st BTC at $20
More information:
Moonstream Crypto: moonstream.io
M3 Active Trader: Moonstream.io/M3
Trading Signals: CryptoMastery.org/pro
Work With Me 1:1
moonstreamcoaching.com/start
More information:
Moonstream Crypto: moonstream.io
M3 Active Trader: Moonstream.io/M3
Trading Signals: CryptoMastery.org/pro
Work With Me 1:1
moonstreamcoaching.com/start
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.
25-year investor & trader, bought 1st BTC at $20
More information:
Moonstream Crypto: moonstream.io
M3 Active Trader: Moonstream.io/M3
Trading Signals: CryptoMastery.org/pro
Work With Me 1:1
moonstreamcoaching.com/start
More information:
Moonstream Crypto: moonstream.io
M3 Active Trader: Moonstream.io/M3
Trading Signals: CryptoMastery.org/pro
Work With Me 1:1
moonstreamcoaching.com/start
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.