US Dollar Index DXY and BTCUSD correlations based on macro trends and melt up theory
Play it out long term. See how much of an indication history is. Up and to the right.
US Dollar Index DXY and BTCUSD correlations based on macro trends and melt up theory
Through end of 2022. Quicker start and shorter/sharper
Longer time frame, higher than expected volatility, lower R^2
Test 44-46K as support, test 52K as resistance, test bull market support band before confirmed continuation
Looking for these levels for target green light, consolidation 2022 base support, and invalidation.
Indicator title = "Risk 50DMA / 50WMA" Created by Joachim Wuhrer // Logic based on input by Benjamin Cowen // Calculate "Risk" by comparing Daily 50 SMA with Weekly 50 SMA // Normalization based on manual input // Buy Area = Below 0.25 // Sell Area = Above 0.40 (Staged selling) **Adjusted to 30 DSMA and 30 WSMA
Consolidation during the 2020 bull run. I'm looking at the energy value trend, sustaining current levels against price action