Often overlooked, 
DXY chart is inverely proportional to 
BTC price. If DXY is bearish, BTC will probably go bullish, and if DXY goes bullish, BTC probably goes down. DXY can work as an indicator of BTC next moves, or even a good way to find bottoms or tops on Bitcoin. Since a top in DXY might mean a boom on Bitcoin!
Keep an eye onDXY whenever you are trading $BTC.
DXY chart is inverely proportional to BTC price. If DXY is bearish, BTC will probably go bullish, and if DXY goes bullish, BTC probably goes down. DXY can work as an indicator of BTC next moves, or even a good way to find bottoms or tops on Bitcoin. Since a top in DXY might mean a boom on Bitcoin!Keep an eye on
DXY whenever you are trading $BTC.
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.