The
DXY is in a spiralling downtrend which will cause
BTC to pass its current ATH eventually topping again which will correlate with the
DXY finding strong support between 103.6 and 104. The
DXY will probably set a local range before eventually continuing on a bullish trajectory back toward 110+ ( *this will mark the end of the first half of the bull market * from Now - May)
Some event in May will cause the
DXY rebound to 110+ during which time we will see a major market crash lasting from (May to July). However: From 110+ i suspect the
DXY will see another major correction downward which will mark the final phase of the bullrun begining about June/July until only God knows when, but historical indicators point to around October/Nov for the top.
Unless
BTC completely crashes on one of its famous bloody corrections and go to ZERO then, it MUST go above $200,000 This cycle.
Remember
BTC floats all boats , so just imagine what price
XRP and the broader digital currency market will be... gimmi your best guess!
Some event in May will cause the
Unless
Remember
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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.