I checked the BTC to DXY chart It should be said, is it time for high-risk markets to enter their secondary bull market and once again all the people of the world stare at themselves with their champs, especially in the altcoins sector? I say yes, the next few will prove that the beginning of this process is taking shape...
I hated school since I was a child, but I loved math Especially the sequence of numbers In this chart, every time it hits the trend line, it experiences a certain drop 8/33 14/66 ? =27/32 It may be a little dreamy, but I believe in it what is your opinion
Hello friends, the previous analysis is still valid and just be careful, the correlation of the cryptocurrency market with the dollar will be disrupted when one of these two hits a new ceiling or a newer floor.
Well if we take out the USD inflation from bitcoin we will get clear view of the chart. in that case bitcoin is looking very bullish. we can see massive bullish divergence on daily / weekly chart. i am basically dividing the bitcoin price by dollar index and then multiplying by 100. this chart looks more cleaner than bitcoin / usd chart. since the inflation...
BITCOIN AND DXY are inversely correlated. If DXY does that what I'm referring to then I expect a classic bull trap and a beautiful bear trap in crypto market. I'm expect a very nice rally in coming month. Lets not forget the key is managing your risk. I'm still bullish.
The Best Buy ranging from +/-US$18,000 while The Great Buy is where most of the people becoming worried.
Hi guys, As per my previous theory, we can see that while DXY is making a recovery, BTC's price is "consolidating" in the 55.000$ area. When DXY will break up into the Ichimoku cloud I expect BTC to go and visit the 42.000$ area. This should happen in the next 3-4 weeks. Trade safely guys, not financial advice.
Hello Dear Traders, Last 3 days are Extremely volatile and uncertain. Greed and FOMO is on the Peak. Anything is happening in stocks and crypto. Today i would like to show u one last possibility tht bitcoin will dump hard in upcoming weeks. as u can see in chart on march 2020 BTC dumped hard to -50% in a day, and tested 3500$ zone. why it happened?? we know all...