DXY IS READY TO DYE! DXY / WEEKLY
Based on a wedge pattern forming since 2014. I really wonder what is going to happen to Bitcoin once we reach the top of this wedge that has been forming since 2014. If we look at the correlation between BTC and DXY within the period of this formed wedge pattern, every time the DXY rejected the top trendline the Bitcoin spiked by 1000%. Looking at RSI we still have some room to go up considering this resistance point so please mind, that we could be aiming for 0.786 if it breaks out from this yellow oscillator.
Good luck all.
Good luck all.
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