AGAIN - Why did we change trends TODAY (Further decline in BTC!)
Updated
If youve been following my other posts, please let me know what you think about this so far.
I Have compared other currencies, funds, etc... And nothing comes close to btc (USD index!) - Wonder why :)
Just another chart. Keep your DXY on your charts - notice i can predict what the next portion of the pattern will resemble*
Give it a thumbs up if you are seeing it and you agree! Share! Get the word out!!!!!!!!! Need to stop the BS "Whale did this, and FOMO news!"
Thanks!
FURTHER DECLINE? Im not SURE** But check this out:
blogs.wsj.com/marketbeat/2012/10/12/a-dollar-death-cross-may-presage-rise-for-stocks/?mod=mw_quote_news
Note that the dollar had a "Death Cross" and that results in a 10% drop each time! We have only dropped a few percent..
This could be the end of BTC guys unless they figure out a different way to support it!!!!!!!!! I dont want to think that way, and dont go all in SHORT, follow the trends, do your work, and watch the DXY signal to see how it plays out. Remember it USED to be inverse correlated... Now that we are in this bearish cycle it seems to be a positive correlation...
I Have compared other currencies, funds, etc... And nothing comes close to btc (USD index!) - Wonder why :)
Just another chart. Keep your DXY on your charts - notice i can predict what the next portion of the pattern will resemble*
Give it a thumbs up if you are seeing it and you agree! Share! Get the word out!!!!!!!!! Need to stop the BS "Whale did this, and FOMO news!"
Thanks!
FURTHER DECLINE? Im not SURE** But check this out:
blogs.wsj.com/marketbeat/2012/10/12/a-dollar-death-cross-may-presage-rise-for-stocks/?mod=mw_quote_news
Note that the dollar had a "Death Cross" and that results in a 10% drop each time! We have only dropped a few percent..
This could be the end of BTC guys unless they figure out a different way to support it!!!!!!!!! I dont want to think that way, and dont go all in SHORT, follow the trends, do your work, and watch the DXY signal to see how it plays out. Remember it USED to be inverse correlated... Now that we are in this bearish cycle it seems to be a positive correlation...
Trade active
Its tick for TICK guys!!!! ITS REALLY OBVIOUS. Make sure you dont confuse the trends that "inverse" on you. Right now, a penny up, is a few dollars up in BTC! (At least 10-50!)
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