DXY v/s Bitcoin All Time High and Bottom Analysis

20 нояб. 2022 г.#DXY Technical Analysis:-

UUS Dollar Currency Index Currently trading at $107

In Simple way as per Past Performance DXY inverse Proportional to #Bitcoin


In This Chart Detail Explanation:-

December 2016 #DXY Price was $103 ( Which was ATH ) that time Bitcoin Price was $750
After one year DXY dumped badly and Hit $88 within one year and This time BITCOIN Hit New All Time High $19900

After Again DXY Pumped and Hit $103 in 2020 so Again Bitcoin Crashed Badly and Hit again Low of Bear Market $3200-$3800

After then Bitcoin Found bottom in 2029-2020 DXY trend was changed and Hit again low around $89 that was Last year and BITCOIN Hit New All Time high $69000

But Currently DXY breakout $103 resistance and Hit $114 which was ATH of Dollar currency Index.
And Currently Bitcoin Trading around $15500-$16600

So In one Line :- We are Very Near of BITCOIN Low / Bottom.

So Ignore all Negative News and Articles/Media and Buy Bitcoin and Hold Till December 2025

IMO August 2024 - December 2025 will Be bottom of DXY and This is ATH of Bitcoin.


Too much research in this Analysis so Please Like and share and Appreciate guys.

Thank you.