aliamir91baba

DXY 1W Correlation with BTC

TVC:DXY   U.S. Dollar Index
We have a cup and handle pattern in the weekly time frame which is being completed. If we consider the bottom of the cup at 89 and the edge at 101, the price will enter correction from the 113 area. Rest assured, after that, Bitcoin will make a strong move towards $30,000. In my opinion, Bitcoin will stay in this area.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.