DXY breaking out of 106.1 means BTC goes up.
We believe as DXY breaks bellow 106.1 in the 15m chart, BTC is likely to break again above 23k and potentially to cross above WMA200 as SPX goes 4150+.
Currently, there is an invert relationship between DXY and SPX, BTC. We're relying on that for our core analysis.
Although geopolitical and economical landscape are dire, financial world is ruled by different laws.
best regards.
Currently, there is an invert relationship between DXY and SPX, BTC. We're relying on that for our core analysis.
Although geopolitical and economical landscape are dire, financial world is ruled by different laws.
best regards.
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