When the dollar increase the value of BTC just falls. Now that 20k support was broken. now im looking for $10k-$14k. Lets hope it holds there or we will see more downward momentum
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This chart is very interesting. Will we get a cross? if the dxy falls further down, Btc will rise and cross preparing for the BTC halving next year
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As the Dxy falls BTC will Rise. Looks like A cross will happen soon. Halving is a few months away and the party begins soon. Great chart here
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I see something forming here on this chart. My first circle on the chart, shows how BTC rose in value as the DXY started falling. Once Btc and the DXY touched, BTC became correlated to the DXY and also fell with DXY for a downward momentum. Once the DXY bounced, DXY rose in value again as BTC stood flat and slight increase until the halving came across again. Once the halving began, our 2nd cross appears in the chart for DXY and BTC. This time our second circle indicated that DXY fell and BTC did not correlate within the Halving zone. So what do I see coming? As we get closer to the next BTC halving (277days Out), I do see DXY and BTC correlated once again before the halving begins. I do see DXY eventually getting a bounce where BTC will move slight sideways into the halving where we will see our 3rd cross between DXY and BTC. These are exiting times. Stay tuned for more! :)
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Here comes the Cross Between DXY and BTC. These are really exciting times. AS the Dollar Falls, The king Rises!!!!!
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Looks very nice! Does the BTC ETF get approved? Will the DXY keep falling? Is the crossover incoming?
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Ok . Seems BTC has finally crossed over the dxy. If btc can hold and the dxy keep dropping we should see a big move into the NEW year. The beginning of the halving begins in a few months. I see a major move, something we haven't seen in BTC, coming soon