NOT FINANCIAL ADVICE
I've yet to see this being mentioned anywhere on the internet, but
DXY's rally may just be 
BTC's best friend.
This, despite the popular notion that when
DXT goes up, BTC goes down, and vice-versa.
However, this novel idea puts a break to it.
DXY is hitting the bottoms of its uptrending channel, and it's likely to bounce back up towards the ceilings.
Which means a rally is likely, and this is kinda good for $BTC.
I'll remain bullish, until the numbers say otherwise.
I've yet to see this being mentioned anywhere on the internet, but
DXY's rally may just be BTC's best friend.This, despite the popular notion that when
DXT goes up, BTC goes down, and vice-versa.However, this novel idea puts a break to it.
DXY is hitting the bottoms of its uptrending channel, and it's likely to bounce back up towards the ceilings.Which means a rally is likely, and this is kinda good for $BTC.
I'll remain bullish, until the numbers say otherwise.
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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.
Related publications
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.