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Crypto_world_011
May 13, 2022 8:06 AM

DXY: What will BTC do next? Short

U.S. Dollar Currency IndexTVC

Description

DXY has been going parabolic for months now and yesterday hit around 104.95 (now trading at 104.55). Until DXY hasn't consolidated below 100 I would not be too bullish on BTC but a nice rejection is a nice rejection for now. I'm looking for 35K BTC coming soon before another major move.

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DXY is moving toward 101 but when it gets there that's the question. Still valid.
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