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BTC and DXYWith the way DXY 4hr and Daily are at the moment it looks like it'll have some upside to the 0.786 FIB area which is also an area with Key trend line and Supply zone from July6th/7th If DXY does have some upside im thinking BTC has 2 possible downside scenarios, -White line - Retest around 29k to 29,1k and then we continue upside to targets on chart (30,100 - 30,569 - 30,671 and finally my last swing target 31,254) -Yellow line- Just a slower play, break down past the little support low low 30's and retest the 3D trend line around 28,843k Ideally I personally dont want to see it break past recent low 28,669 as it would then invalidate my upside play and potentially in near future create LH's and then here comes 25k target Lemme know what are ur thoughts!
INDEX:BTCUSD
by Wen2TradeOfficial
Updated

Select market data provided by ICE Data Services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.Copyright © 2025, American Bankers Association. CUSIP Database provided by FactSet Research Systems Inc. All rights reserved. SEC fillings and other documents provided by Quartr.© 2025 TradingView, Inc.

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