DXY: What will BTC do next?
Updated
DXY has been going parabolic for months now and yesterday hit around 104.95 (now trading at 104.55). Until DXY hasn't consolidated below 100 I would not be too bullish on BTC but a nice rejection is a nice rejection for now. I'm looking for 35K BTC coming soon before another major move.
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DXY is moving toward 101 but when it gets there that's the question. Still valid.
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