Will we get that Parabolic SAR dot. DXY drop. NOT ADVICE. DYOR.
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Some who track Elliot waves hinting that next leg in DXY down - good for bitcoin. Need some bad economic data maybe. Chart below. Has DXY hit peak? NOT ADVICE DYOR
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Soon as market sees a bottom in TNX and end to DXY retrace then boom we may start go to the moooooooooooooooooooooooon. If DXY goes higher then we need to look at a bigger picture. Bitcoin looked so close to going bananas Friday 5th July, now it could take a little longer. We'll see. DXY not dropping does not mean bitcoin can't go higher but my analysis on a previously published chart indicated to me that it could help NOT ADVICE. DYOR.