DXY is falling apart which is generally a good thing for risk on. The red fib level is a region I expect to be tested, it might fall through this area this time around. RSI is falling heavily, we are only at the middle of the Bollinger band, leaving lots of room to fall rapidly. If this keeps up I expect Bitcoin to really rally into end of year.
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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.