NOT ADVICE. DYOR.
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Plus seen BTCUSDShorts 20MA down MACD Signal Line positive Histogram red. DXY green candle like 13 Nov 17
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Soon as market sees a bottom in TNX and end to DXY retrace then boom we may start go to the moooooooooooooooooooooooon. If DXY goes higher then we need to look at a bigger picture. Bitcoin looked so close to going bananas Friday 5th July, now it could take a little longer. We'll see. DXY not dropping does not mean bitcoin can't go higher but my analysis on a previously published chart indicated to me that it could help NOT ADVICE. DYOR.
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How are we doing.
5 Months up in a row plus 38.2% retrace looking good like Sept 2017, and close to the May 2019 high. A lot higher from the 7 Mth MA though which is nearer a 61.8% retrace. NOT ADVICE. DYOR
5 Months up in a row plus 38.2% retrace looking good like Sept 2017, and close to the May 2019 high. A lot higher from the 7 Mth MA though which is nearer a 61.8% retrace. NOT ADVICE. DYOR