#dxyvsbtc
dxyvsbtc
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$BTC
#Write2Earn!
#DXYvsBTC
TF 4H
DXY still maintains a bullish structure after successfully breaking out from the previous resistance. Meanwhile, BTC has not yet been able to form a clear bullish structure.
As long as DXY remains strong, pressure on risk assets such as Bitcoin is likely to continue. However, if DXY loses momentum and starts to break down, that could be a catalyst for BTC to continue its rise. USDT rise. D (2%) is currently pressuring $BTC around (2-3%)
$BTC
#Write2Earn!
#DXYvsBTC
TF 4H
DXY still maintains a bullish structure after successfully breaking out from the previous resistance. Meanwhile, BTC has not yet been able to form a clear bullish structure.
As long as DXY remains strong, pressure on risk assets such as Bitcoin is likely to continue. However, if DXY loses momentum and starts to break down, that could be a catalyst for BTC to continue its rise. USDT rise. D (2%) is currently pressuring $BTC around (2-3%)
#Write2Earn!
#DXYvsBTC
TF 4H
DXY still maintains a bullish structure after successfully breaking out from the previous resistance. Meanwhile, BTC has not yet been able to form a clear bullish structure.
As long as DXY remains strong, pressure on risk assets such as Bitcoin is likely to continue. However, if DXY loses momentum and starts to break down, that could be a catalyst for BTC to continue its rise. USDT rise. D (2%) is currently pressuring $BTC around (2-3%)
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