• DXY is an important chart which is often neglected to one’s loss. • E.g. BTCUSD has been stagnating recently because of DXY temporarily trending upwards the past 2 days. • Anyway, DXY has been in a downward parallel channel since 1986. • We have reached the top end of the channel, and are currently in wave C of the correction. • Monthly RSI is evidently bearish. • Target coincides with two trendlines and the 1.618 Fib level. • We should be able to reach 80 eventually. • This bodes well for the current crypto bullrun. • Watch the MAs though. There should be downward momentum when the 20M MA is above the 21M EMA. However, they may be crossing soon and lengthen Wave C. • Nonetheless, on a macro level, we should be able to reach 80 eventually. Or, at the very minimum, 82.5. • Dubious speculation: we have had double peaks in the previous two bullruns, will it be possible that DXY dumping may extend this bullrun and give us three peaks?