small btc and market pump if us dollar index keeps dropping
if we trade in the 20/19s k range stuck in this range low with the pump of USDollar index look to short or get out. but if us dollar keeps dropping look to see btc run up a bit like 23500 ish and decide if short or long from there (probably short from there with macro market trends and economic drama playing out world wide) rite now its that simple. look at the inverse action here... if us dollar goes up charts go down
every range low was hit during this btc consolidation period... (only low not hit was the low low of btc 1750ish after huge drop in the beginning of this consolidation level.) the other issue and problem here is the dollar is nearing support so it may not roll over as easily as some may suggest. same token if the dollar rolls over at all here btc to 21k then 23500 and probably down again from there (the dollar above 109 is still in an uptrend)
_US DOLLAR NEEDS TO CONT. TO DROP and BTC ETC WILL PUMP
_IF LACK LUSTER PRICE ACTION FOR BTC IN THAT 20 to 19K ish range and esp above COMBINED WITH MARKET PANIC AND DOLLAR UPTREND we going down down down in that scenario
every range low was hit during this btc consolidation period... (only low not hit was the low low of btc 1750ish after huge drop in the beginning of this consolidation level.) the other issue and problem here is the dollar is nearing support so it may not roll over as easily as some may suggest. same token if the dollar rolls over at all here btc to 21k then 23500 and probably down again from there (the dollar above 109 is still in an uptrend)
_US DOLLAR NEEDS TO CONT. TO DROP and BTC ETC WILL PUMP
_IF LACK LUSTER PRICE ACTION FOR BTC IN THAT 20 to 19K ish range and esp above COMBINED WITH MARKET PANIC AND DOLLAR UPTREND we going down down down in that scenario
