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BTC vs DXY

BTCUSDT/DXY 1W Chart

Hi folks,

🔺Let us change our point of view. Whether you like it or not, there is a correlation (between BTC and DXY).

🔺Experts claim the correlation is generally -0,70, which may differ from time to time.

🔺When we look at the chart 297 is another resistance.

🔺The pivot level is 371. Whenever BTC/DXY closes a week 371, we may say the real "BULL" is here!

🔺BTC/DXY may fall to the 255 (KAMA Support) level with the expected FED interest rate hikes.

Bonus Chart: BTC - DXY Correlation

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Bitcoin (Cryptocurrency)BTCBTCUSDTcorrelationDXYFundamental AnalysisTrend Analysis

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