Are we close to a DXY top?
Usually after DXY topped after 1 year BTC reach it's top too.
The trend is your friend until the end. As long as DXY is parabolic we cannot be bullish.
Of course, for a better conclusion and a closer look we need more macro analysis.
Looking at just one indicator is not healthy.
Remember that confluence is key.
Usually after DXY topped after 1 year BTC reach it's top too.
The trend is your friend until the end. As long as DXY is parabolic we cannot be bullish.
Of course, for a better conclusion and a closer look we need more macro analysis.
Looking at just one indicator is not healthy.
Remember that confluence is key.