FundiFinance

USD index possible bull flag or rejection from resistance

TVC:DXY   U.S. Dollar Index
Take a look at this guys and this is vital for BTC price as we have seen on many occasions the USD index and BTC have proven to be negatively correlated on one another. In short if the USD index does pull off a bull flag and breakout above resistance you can put money on BTC market price going lower and if the USD index gets rejected from resistance and sinks lower BTC will soar higher in MP.


Its an interesting view whats you thoughts?

We are watching with great interest and will act accordingly with this outcome.

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