U.S. Dollar IndexShort
DXY DOLLAR INDEX #TheCryptoCity
DXY DOLLAR INDEX
The DXY (dollar index) and BTC have always had an opposite relation.
Always keep a watch on the DXY, as well as the BTC charts and price activity,
since this serves as a leading indication for predicting price swings in the crypto market.
If DXY continues to decrease, BTC + alts will finally be clear for an upside breakthrough.
When DXY shows signals of strength. on the other hand, it's preferable to de-risk some of your crypto positions.
This is an extremely good sign for #Bitcoin and #Altcoins
DXY (Dollar index) is descending slowly
The DXY (dollar index) and BTC have always had an opposite relation.
Always keep a watch on the DXY, as well as the BTC charts and price activity,
since this serves as a leading indication for predicting price swings in the crypto market.
If DXY continues to decrease, BTC + alts will finally be clear for an upside breakthrough.
When DXY shows signals of strength. on the other hand, it's preferable to de-risk some of your crypto positions.
This is an extremely good sign for #Bitcoin and #Altcoins
DXY (Dollar index) is descending slowly
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