Dxy could potentially be in a wycoff pattern . and now Dxy stand in UTDA area and phase C. this could be a good news for Markets.
And beside that Weekly RSI shows weakness for USD so there is a possibility for trend reversal for DXY in short period of time or maybe long term.
bitcoin price is at bottom of its mega channel from 2013 until now also pichfork showing us the same result , 718 fibo from march 2020 to ATH is 17800 . and RSI Div must broke in 10 weeks top.
A double bottom will form in next weeks with bullish Div and we will good to go to 32.
BTC gonna trade in a trading range until next halving. although the price might go higher but if tapering is going to happen in 2022 2023 the price of Bitcoin might go sideway until the halving.because of supply and demand effect. so first scenario is tapering gonna affects the prices in all markets, in that case until 2024 we are gonna stuck in a trading range...
