Using DXY to Predict Manipulation on BitcoinIn this post it’s important to view and relate to the linked, related idea called “DXY - Major Breakdown of Ascending Channel”
I’ll keep this short and to the point since we are actively in the war zone now.
1. Identify major patterns or structure shifts on DXY. For 8 years I’ve used these same ascending channel supports on DXY and it’s made very clear this is the way it trades, as we can duplicate the line angle and move it near infinitely to any area and see how price respects it.
2. Identify major DXY events in relation to the DXY pivot. In this case, we are witnessing a bearish retest of a major bearish signal.
3. Understand what it all means. DXY falling / correcting for 4-7 years translates to BULL MARKET of the same duration on stocks, equities, and securities.
Now you may be thinking - “Okay but that means, Bitcoin will go up then?”
WRONG
The reason is, Bitcoin and Crypto is a manipulated game and it’s all rigged and intentional.
What does this really mean then?
4. If we will see a natural bullish trend on Bitcoin for the next 4-7 years, that means the market makers want their money back. Since Bitcoin has been only moving up since late 2022, this has set up a massive chain reaction of long stop losses / sell orders, paving a path to these lower zones on my BTC chart. What this should tell you is - FLASH CRASH COMING. Manipulated crash before the true bull run.
Now you may be wondering - “No way, the world would have to see an apocalypse for 8,000 to be hit”
WRONG
Stop loss orders are in place already as a natural consequence of traders decisions over the last 3+ years. These are sell orders. Once these sell orders start filling, bitcoin will see an automatic wick down to these low levels. No active selling is required, and therefor no black swan required.
Now - If DXY was retesting a bullish pattern, I’d be longing as that signals extended bear market.
And rest assured - THIS MARKET IS ALL MANIPULATION.
We can use DXY to predict the trigger of it all.
Happy trading.
- DD
