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NeutronMan
Jul 18, 2022 1:40 PM

Bitcoin Analysis 7/18/22 (DXY Dump Caused BTC Pump) Long

U.S. Dollar Currency IndexTVC

Description

Bitcoin started pumping when the DXY began breaking down from this Ascending Broadening Wedge. The DXY still has a lot more room to the downside so BTC still has more room to the upside. This pump was one scenario I was aware of but I thought the DXY was going to keep pumping, not break down.
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