The dollar index is the major determinant of the movement of

The dollar index is the major determinant of the movement of all cryptos paired with the United states dollar. So it is advisable to look at the direction of the DXY prior to your analysis on any cryptocurrency.#Binance #BTC #dyor #crypto2023

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BTC

98,546.55

-3.05%

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Solomon King

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This represents the current position of Bitcoin, smart money buy at Discount and they dump it at premium, vice versa. To ignore the very basic of price Delivery in trading any financial asset is equally like denying the essence of trading.

I feel one of the important piece that most Crypto traders are missing is the basics of Technical Analysis. Regardless of the financial asset you are trading, technical analysis has proven over time to be one of the surest way of trading.# #Binance #crypto2023 #BTC

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.css-1iqe90x{box-sizing:border-box;margin:0;min-width:0;color:#EAECEF;}The dollar index is the major determinant of the movement of all cryptos paired with the United states dollar. So it is advisable to look at the direction of the DXY prior to your analysis on any cryptocurrency.

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The dollar index is the major determinant of the movement of all cryptos paired with the United states dollar. So it is advisable to look at the direction of the DXY prior to your analysis on any cryptocurrency.