Bitcoin and DXY correlation

2022年1月27日

When the DXY trends in one direction, Bitcoin eventually follows the other way. The DXY tends to lead Bitcoin a bit so waiting for the DXY to begin a new downtrend would probably be a good time to start putting money back into crypto/Bitcoin.

2022年4月30日

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Well this seems to be playing out nicely.

2022年7月6日

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Still more pain ahead

2022年8月1日

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Both are showing a sign of reversal, not sure if this is the moment or if it's gonna take a bit more time.

2022年9月20日

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Was wrong - still parabolic. The wait continues

2023年1月7日

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DXY showing lots of weakness here, even if it bounces again I believe it's still a great time to be dollar cost averaging.

2023年10月2日

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DXY on a tear right now. Not sure if it will reach it's recent ATH of 113 or reverse before. Once clear signs of reversal begins capital should be fully deployed.

2023年11月6日

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Downtrend confirmed on DXY, lower highs.

Spot ETF before EOY, halving in 165 days, election year.

Everything setup for the next leg up for BTC.