BTC vs DXY
BTCUSDT/DXY 1W Chart
Hi folks,
🔺Let us change our point of view. Whether you like it or not, there is a correlation (between BTC and DXY).
🔺Experts claim the correlation is generally -0,70, which may differ from time to time.
🔺When we look at the chart 297 is another resistance.
🔺The pivot level is 371. Whenever BTC/DXY closes a week 371, we may say the real "BULL" is here!
🔺BTC/DXY may fall to the 255 (KAMA Support) level with the expected FED interest rate hikes.
Bonus Chart: BTC - DXY Correlation
Ps: Do not forget to hit the like button!
Hi folks,
🔺Let us change our point of view. Whether you like it or not, there is a correlation (between BTC and DXY).
🔺Experts claim the correlation is generally -0,70, which may differ from time to time.
🔺When we look at the chart 297 is another resistance.
🔺The pivot level is 371. Whenever BTC/DXY closes a week 371, we may say the real "BULL" is here!
🔺BTC/DXY may fall to the 255 (KAMA Support) level with the expected FED interest rate hikes.
Bonus Chart: BTC - DXY Correlation
Ps: Do not forget to hit the like button!
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