#US DOLLAR ANALYSIS The US dollar is currently forming an a

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#US DOLLAR ANALYSIS The US dollar is currently forming an ascending triangle pattern, trading above the support trendline. Despite this, both the 21MA and 50MA indicate bearish momentum. The dollar is attempting to break down from the ascending triangle. A sustained breakdown of this triangle would confirm a bearish trend. It's important to note that a downward move in the US dollar typically has an inverse relationship with the crypto market. $BTC

#US DOLLAR ANALYSIS
The US dollar is currently forming an ascending triangle pattern, trading above the support trendline. Despite this, both the 21MA and 50MA indicate bearish momentum. The dollar is attempting to break down from the ascending triangle.
A sustained breakdown of this triangle would confirm a bearish trend. It's important to note that a downward move in the US dollar typically has an inverse relationship with the crypto market.
$BTC 