DXY v/s Bitcoin All Time High and Bottom Analysis

#DXY Technical Analysis:-

UUS Dollar Currency Index Currently trading at $107

In Simple way as per Past Performance DXY inverse Proportional to #Bitcoin


In This Chart Detail Explanation:-

December 2016 #DXY Price was $103 ( Which was ATH ) that time Bitcoin Price was $750
After one year DXY dumped badly and Hit $88 within one year and This time BITCOIN Hit New All Time High $19900

After Again DXY Pumped and Hit $103 in 2020 so Again Bitcoin Crashed Badly and Hit again Low of Bear Market $3200-$3800

After then Bitcoin Found bottom in 2029-2020 DXY trend was changed and Hit again low around $89 that was Last year and BITCOIN Hit New All Time high $69000

But Currently DXY breakout $103 resistance and Hit $114 which was ATH of Dollar currency Index.
And Currently Bitcoin Trading around $15500-$16600

So In one Line :- We are Very Near of BITCOIN Low / Bottom.

So Ignore all Negative News and Articles/Media and Buy Bitcoin and Hold Till December 2025

IMO August 2024 - December 2025 will Be bottom of DXY and This is ATH of Bitcoin.


Too much research in this Analysis so Please Like and share and Appreciate guys.

Thank you.

altcoinsbinanceBitcoin (Cryptocurrency)BTCBTCUSDTChart PatternsCryptocurrencyDXYdxyanalysisdxyshortHarmonic PatternsTrend Analysis

Disclaimer