BTC alternative scenario

2023년 2월 25일

Hello folks, recently I gave my opinion on BTCUSDT and DXY, they are inversely correlated.
Here's a DXY chart:

Here's a BTCUSDT chart:

Now, the price of BTCUSDT is at a crucial level. If it bounces right now, I expect the recent high to be taken and a reversal to the downside will occur.
But, if it aggressively breaks below 21.3k I suspect we would see something like this. Alts would get annihilated though.