The inverse correlation between BTC and the US dollar
The inverse correlation between BTC and the US dollar is striking through the last months. DXY has held the green trendline strongly and after the FED FOMC meeting from yesterday made a strong breakout from the symmetrical triangle. The next important resistance for $DXY is near the BRN $100 so it still has some upside potential!
Difficult to not see BTC going lower in this situation!
Difficult to not see BTC going lower in this situation!
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