Bitcoin Bull Run Continues if this happens
Keep a close eye on the 200mEMA for the DXY. The strong correlation over the years will paint a picture for future bitcoin price movement.
2003 was the last time the DXY broke under the 200mEMA and fell nearly 28% leading to the creation of Bitcoin right around the time it bottomed. Coincidence? Not at all. This is why it's important to become your own bank and protect your wealth.
Keep in mind, we are yet to see how Bitcoin responds when the DXY is BELOW the 200mEMA. This is why it was created. The greatest bull run ever for BTCUSD could be right around the corner and if the DXY fails to get back above this critical moving average. Hold on tight.
2003 was the last time the DXY broke under the 200mEMA and fell nearly 28% leading to the creation of Bitcoin right around the time it bottomed. Coincidence? Not at all. This is why it's important to become your own bank and protect your wealth.
Keep in mind, we are yet to see how Bitcoin responds when the DXY is BELOW the 200mEMA. This is why it was created. The greatest bull run ever for BTCUSD could be right around the corner and if the DXY fails to get back above this critical moving average. Hold on tight.
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Publications connexes
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.