BrettFogle

DXY Dropping Into 'Crypto Super Pump Rally Zone' -- Here We Go!

Giá lên
INDEX:DXY   US DOLLAR CURRENCY INDEX
I posted this chart (slightly revised) months ago, with these levels of where the DXY could take us in terms of overall crypto market direction, especially Bitcoin.

It's taken awhile to get here...

But today's XRP news, all signals are pointing to an incoming rally for the crypto markets.

Granted, the inverse correlation between DXY and Bitcoin / Crypto may have been weakened, as the Dollar has other negative forces in play. Namely the BRICS states move away from it.

Nevertheless, this is a handy chart to keep on hand and refer back to.

Hopefully we'll see the DXY continue to drop, Bitcoin break and close above $32k, and then push up to the Fib Golden Pocket zone at 48K -$50k which I think is likely.

What does everyone else think?

23-year investor, trader, and early investor in Bitcoin & crypto.

For more information visit:

Moonstream Crypto: www.Moonstream.io/M3

Custom Indicators: www.CryptoMastery.org

Blood in the Streets Report:
www.moonstream.io/report
Thông báo miễn trừ trách nhiệm

Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.