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

ノート

Well this seems to be playing out nicely.

2022年7月6日

ノート

Still more pain ahead

2022年8月1日

ノート

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

ノート

Was wrong - still parabolic. The wait continues

2023年1月7日

ノート

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

ノート

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

ノート

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.