Bitcoin Analysis 4/21/22 Part 4 (DXY Hidden Bullish Divergence)
Usually Bitcoin has an inverse correlation to the DXY, but sometimes they both pump and dump at the same time. The DXY is currently forming a hidden Bullish Divergence on the 12 HR Chart. That could mean Bitcoin is about to have another drop or both could just start pumping randomly. That is why I don't look at the DXY too much.