BitcoinLong
DXY chops BTC Up
The pattern between DXY and BTC is shown in this chart.
It seems that BTC always goes berserk after the dollar runs and is chopping/ranging/accumulating.
The dollar just had its most extensive run since BTC inception and now seems to be correcting from the 5th wave.
If history is an indication, every time DXY corrects from a run and chops "sideways" for a while BTC puts a new ATH.
The BTC run began like clockwork, from 15k to 30k. The confirmation is just around the corner.
I definitely believe that BTC is gearing up for a new ATH and will leave a lot of bears behind.
It seems that BTC always goes berserk after the dollar runs and is chopping/ranging/accumulating.
The dollar just had its most extensive run since BTC inception and now seems to be correcting from the 5th wave.
If history is an indication, every time DXY corrects from a run and chops "sideways" for a while BTC puts a new ATH.
The BTC run began like clockwork, from 15k to 30k. The confirmation is just around the corner.
I definitely believe that BTC is gearing up for a new ATH and will leave a lot of bears behind.
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