Watch out Bitcoin... DXY is pumping!

U.S. Dollar Currency IndexTVC

Description

⋅ Aug 17, 2021 2:34 PM

DXY suddenly caught the market by surprise and is pumping hard? Double top? Fake out? Dead cat bounce?

This weekly close for DXY is very critical and may dictate BTC short term move.

Comments

papypsalm

⋅ Aug 17, 2021 3:06 PM

DXY pump means BTC is likely to dump right?

eBlockChain

⋅ Aug 17, 2021 3:30 PM

@papypsalm, eyes on the daily and weekly close... but for the short term, yes.

papypsalm

⋅ Aug 17, 2021 3:55 PM

@eBlockChain, ok