nagihatoum

DXY drop pushing BTC up

Long
nagihatoum Updated   
ICEUS:DXY   U.S. Dollar Currency Index
What ever news they attribute on social media for driving BTC's price up or down, it is wrong. BTC is driven by price structures and correlations like DXY and gold (gaps can be considered as correlation between BTC and cme). The news is actually priced in long before it is public.

Currently in a falling wedge forming a 12H bullish divergence midway between two key levels. I expect a breakout and retest of the 92.12 key level.
Comment:
dxy broke out

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