Dollar (DXY) down, BTC up to 59K
DXY is facing resistance and is dropping down which is a good sign for the asset and stock market! (this a short term prediction for the next 24 to 36 hours)
Note
trade at own risk and dont take my chart as investment advice; dyor and know that investing in crypto has a high risk that you lose money.Trade closed: target reached
SUCCESS: TARGET HIT! BTC did hit 59K on spot, just not on CME futures; but was only 235$ off and well in the profits! Congrats to everyone who took this trade! Take profits if you didnt do so yet!Note
BTC will come down and will fill that gap uptill at least 58775$ - lets see how the market reacts to a 4hr downtrend.Note
WARNING: possible H&S on BTC futures, BTCD and BTC/USD - as expected, check my BTC dominance chart. Not confirmed yet but could play out!
Important update on Twitter on 10x Club, a weekly newsletter curated by me containing research & analytics on the crypto market & the amazing opportunities during the bear market - Check my Twitter or website link below:
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.
Important update on Twitter on 10x Club, a weekly newsletter curated by me containing research & analytics on the crypto market & the amazing opportunities during the bear market - Check my Twitter or website link below:
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.