Has This Entire Run Up Just Been Another Bubble?

As you can see in the following chart, when DXY hit 89 last in 2018 it also coincided with a top forming in Bitcoin around the same time period. Currently DXY is situated at its 89 support level. While I'm not calling a top here in Bitcoin, I would be wary about opening any new longs unless price can find a way to break through 40K.
Trend Analysis

Disclaimer