Get started
nagihatoum

BTC.d & DXY dollar correlation points to big Alts season coming

Long
U.S. Dollar Currency Index (ICEUS:DXY)  
nagihatoum  
ICEUS:DXY   U.S. Dollar Currency Index
Trend Analysis Chart Patterns Technical Indicators BTC ALTS dominance altseason
10
10
trendanalysis chartpattern indicator btc alts dominance altseason
A repeat of the 2017 Alts season, the dollar index once again strongly correlates with bitcoin dominance. Since DXY is set to plummet, it is expected that BTC.d will fall as well to at least %50. Bitcoin dominance falling translates into Alts mooning.

Related Ideas

nagihatoum
DXY dollar tests monthly support
nagihatoum
DXY here comes the crypto pump
nagihatoum
ALTPREP ATH end of year
nagihatoum
DXY quarterly is extremely bearish
nagihatoum
BTC will be replaced by an ALT by the end of the year
nagihatoum
BTC.d, will BTC die for real this time?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.