Inverse relationship between DXY and BTCUSD coinbase
Updated
I'm a rookie at this but i have noted from several you tubers an inverse relationship between BTC and DXY (dollar index) as well as gold and silver with DXY. When playing with the chart and 1 hr candle sticks, i had DXY charted and then added BTCUSD from coinbase to compare. I zoomed in and out a bit but this pattern with about last 10 days shows interesting pattern. Since im a bit new, is this too specific of parameters or is this an indication of a good short term signal? If this pattern is good indication, seems like a good time to go long on BTC? Thanks all.
Note
Sorry, timeframe is more like 2 and half weeks on this, sorry.
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