Bitcoin bull run when DXY tops out ??!!
Look at the last BTC behavior when the US Dollar Index left the overbought area on the weekly RSI
We had a 140 weeks bull run to the next cycle top - the BTC price distance to the long MA was ~222% (green line)
These days DXY left the overbought area on the weekly RSI again - the distance to the long MA is ~222%
Coincidence... sure!!! ;-)
Tell me your thoughts on that possible BULL Scenario
*not financial advice
do your own research before investing
Look at the last BTC behavior when the US Dollar Index left the overbought area on the weekly RSI
We had a 140 weeks bull run to the next cycle top - the BTC price distance to the long MA was ~222% (green line)
These days DXY left the overbought area on the weekly RSI again - the distance to the long MA is ~222%
Coincidence... sure!!! ;-)
Tell me your thoughts on that possible BULL Scenario
*not financial advice
do your own research before investing
The shown ideas are my personal opinion and findings... no financial advice
Please always do your own research before investing
Please always do your own research before investing
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
The shown ideas are my personal opinion and findings... no financial advice
Please always do your own research before investing
Please always do your own research before investing
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.