DXY since breaking below the descending triangle with a large bearish impulse, has provided us with a correction this week. We can see how the correction has retraced exactly to the 0.618 fib in confluence with previous support turned resistance. I am expecting rejection at this zone and a dump to follow for the rest of the week.
Now with that being said Remember USD has a opposite correlation with BTC, Also remember how the beginning of the week i mentioned how we could see a fake induction trend to start the week followed by a reversal midweek. If we see a sharp fall from USD we could well see that midweek bullish reversal on BTC 👀 For now observing on lower TF.