- Yello! Bitcoin just broke 12,000$ ladies and gentlemen🎉 We were the only ones who were bullish on Bitcoin, when everyone started to scream for drop to 9k again… You need to shutdown the noise and listen to PROs😎🍻
💎The DXY is at a three year low. Since the last time we visited this range, BTC made its all-time high.
💎While we are still looking for a daily close a little above 11,800$ to confirm a bullish continuation, this is definitely encouraging the bull right now, however on LTF we should retrace and retest the 11800$.
💎In short, while the USD dollar is weak, BTC, and GOLD (sound money) should remain relatively strong📈
💎What is the DXY? The U.S. Dollar Index is an index of the United States dollar value relative to a basket of foreign currencies, often referred to as a basket of U.S. trade partners' currencies. The Index goes up when the U.S. dollar gains "strength" when compared to other currencies.
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