Hi everyone
Today I'd like to let you know that you should follow the gbpusd and Dxy charts. This will tell you when the price of Bitcoin goes up or down.
When gbpusd goes up and dxy goes down you will see the price of Bitcoin goes up. This is because the US dollar loses momentum this means Bitcoin will gain momentum.
However when you see gbpusd goes down and Dxy goes up you will see that Bitcoin will go down because the US dollar gains momentum.
I've tried for many years to figure out exactly how the price of Bitcoin moves and what provokes it to move in the way it does. I've tried everything from looking at spx and nasdaq and nas100.
But so far through studying forex on metatrader ice found that when DXY loses momentum you'll see that gbpusd aka the Great Britain pound gains momentum on the Us dollar Bitcoin in fact does go up.
And this always happens and is extremely accurate to the point where you can scalp Bitcoin. If you are fast and risky you can even do this on the 5 minute chart of course I don't suggest you do.
What I would suggest is that you monitor gbpusd and Dxy through multiple charts starting with 15 minutes,.1 hour and 4 hours. Do the same for the Bitcoin chart. Then track and see just how accurate this really is.
I'd like to end this by asking for your opinions and follow-up comments. Are greatly appreciated in my research to study the most accurate ways to see what influences and motivates the price of Bitcoin to go up or down. This is been very accurate for me so I'm very interested to see what others have to say about this. I look forward to hearing from you.
Today I'd like to let you know that you should follow the gbpusd and Dxy charts. This will tell you when the price of Bitcoin goes up or down.
When gbpusd goes up and dxy goes down you will see the price of Bitcoin goes up. This is because the US dollar loses momentum this means Bitcoin will gain momentum.
However when you see gbpusd goes down and Dxy goes up you will see that Bitcoin will go down because the US dollar gains momentum.
I've tried for many years to figure out exactly how the price of Bitcoin moves and what provokes it to move in the way it does. I've tried everything from looking at spx and nasdaq and nas100.
But so far through studying forex on metatrader ice found that when DXY loses momentum you'll see that gbpusd aka the Great Britain pound gains momentum on the Us dollar Bitcoin in fact does go up.
And this always happens and is extremely accurate to the point where you can scalp Bitcoin. If you are fast and risky you can even do this on the 5 minute chart of course I don't suggest you do.
What I would suggest is that you monitor gbpusd and Dxy through multiple charts starting with 15 minutes,.1 hour and 4 hours. Do the same for the Bitcoin chart. Then track and see just how accurate this really is.
I'd like to end this by asking for your opinions and follow-up comments. Are greatly appreciated in my research to study the most accurate ways to see what influences and motivates the price of Bitcoin to go up or down. This is been very accurate for me so I'm very interested to see what others have to say about this. I look forward to hearing from you.