rivchris
Long

BTCDXY Looks Bullish

BTC / DXY looks to have formed a double bottom and is recovering well. The RSI looks healthy, albeit weak still. Trend is changing in its favor. Expecting one last bear trap / fakeout, before this is able to take off.

Again, all charts point to a hell of a rally in November. Something tells me the election causes the dollar to tank to close out the year.

Comments

People clearly dont understand how DXY works.. and they cant seem to grasp it even if they only ever deal with USDT.. BTC clearly have broken out in many currencies.. even making new ATH in some..

BTC can retest its recent highs easily by end of the year like you said..
+1 Reply
great
my Analysis
Reply
Nice work, good luck
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