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lordpepe
Dec 13, 2021 3:58 PM

Bitcoin and DXY Short

Bitcoin / U.S. dollarBitstamp

Description

As you can see from the chart, and I would like to hear people's opinions, there seems to be a correlation between cheap dollars and Bitcoin tops. It should be clearly obvious this is a pattern but is it? Was it clear that we were approaching a top on Bitcoin due to the dollar recently double bottoming and rallying? Shouldn't that be proof that money is leaving risk assets? I'd like to hear your thoughts, and if we're still in a bull run?
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