U.S. Dollar IndexShort
BTC/USDT / DYX ?
As you know DXY is directly related with market and in this case by following it's trend i tried to find the most possible trend for BTC.
As i indicated on the chart i expect a few days ofdollar index to grow and as a result will see bitcoin decline to 10500-10600
$ index trying to make the last kiss and follow downtrend which completely makes sense with current BTC chart (decline from triangle's upper line).
But first, let's see the last kiss and BTC decline.
Don't forget that we are in bull
DXY is directly related with market and in this case by following it's trend i tried to find the most possible trend for BTC.As i indicated on the chart i expect a few days of
dollar index to grow and as a result will see bitcoin decline to 10500-10600$ index trying to make the last kiss and follow downtrend which completely makes sense with current BTC chart (decline from triangle's upper line).But first, let's see the last kiss and BTC decline.
Don't forget that we are in bull
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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.
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.