BTC is within range but my short term bias is bullish...think we breakout of the channel today or retest the bottom of the channel and breakout. No position yet. I'll update when I have a position.
As long as the Fed continues to tighten and raise rates, I'm bullish the dollar. In the near term, however, if DXY shows weakness here I'll be looking for shorts unless there's a decisive break above 97 in the next few sessions.
Bias is long for several reasons but I just noticed the potential Inverse H&S and I think it's fun to watch. As long as it stays above $67 I'll keep watching for good long entries.
![DXY: US Dollar Index [DXY]](https://s3.tradingview.com/m/mlwjaht3_mid.png "US Dollar Index [DXY]")
