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
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.
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.