Comparaison BTC and DXY
Hello Investors,
Here is my DXY/BTC Analysis. We know now that the US dollar is directly correlated negatively to Bitcoin.
DXY: We can see a RSI Short Divergence in short term (October-November). This going to be a short correction before a future pump mostly affected by an excepted rising of the Interest Rate of the FED. Indeed, Wednesday, the good Employment Rate for the US can translate of a well being of the United States despite the rising of the Interest Rate since months now. We are waiting of a rising of the Interest Rate which can favorite a Long on the DXY.
BTC: Correlated Negatively, the short term short of the DXY is going to make the BTC pump for a better taking of the liquidity around 25k. After this, I am still waiting for the last dump around the 112K before the BTC Long term Pump.
Here is my DXY/BTC Analysis. We know now that the US dollar is directly correlated negatively to Bitcoin.
DXY: We can see a RSI Short Divergence in short term (October-November). This going to be a short correction before a future pump mostly affected by an excepted rising of the Interest Rate of the FED. Indeed, Wednesday, the good Employment Rate for the US can translate of a well being of the United States despite the rising of the Interest Rate since months now. We are waiting of a rising of the Interest Rate which can favorite a Long on the DXY.
BTC: Correlated Negatively, the short term short of the DXY is going to make the BTC pump for a better taking of the liquidity around 25k. After this, I am still waiting for the last dump around the 112K before the BTC Long term Pump.
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.