For Bitcoin to keep rising the dollar index must continue to crash. Currently DXY is forming a rising wedge, which if it breaks down will lead to a crash in Bitcoins price and if it breaks up will lead to a massive continuation of this Bitcoin rally.
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EDIT: DXY has formed a Falling Wedge, not Rising Wedge
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Edit: Currently, DXY has formed a falling wedge pattern. If the wedge breaks down, I expect Bitcoin to rally, and visa versa if the pattern breaks upward. This idea is based on the fractal within the chart below
