I think I've identified this Adam&Eve pattern and drawed that trendline around 8 months ago.... last week price retested the same trendline and seems to be bouncing. That's the magic of TA!
About DXY: it's going up, the first move was already as high as the EVE curve, I'd expect it to reach that high again but I wouldn't know if it'll rip over it. If this happens It means BTC and crypto will bleed. Assuming my analysis is correct I stand firm on the idea that bottom isn't in and new lows will come!
Good luck
About DXY: it's going up, the first move was already as high as the EVE curve, I'd expect it to reach that high again but I wouldn't know if it'll rip over it. If this happens It means BTC and crypto will bleed. Assuming my analysis is correct I stand firm on the idea that bottom isn't in and new lows will come!
Good luck