Want a hint for #Bitcoin future. Look at 4H Dollar Index chart. As you can see its pulling back as well after hitting target zone for the second time. Either #DXY find support here around 105.15, or continue lower.

If second scenario, BTC bounce faster.
If first, BTC will continue lower under 59k

#DollarIndex

Dollar Index 3 days chart shows there might be a start of short term bullish bounce within consolidation channel. Most probably $DXY will dip once more and after that potential breakout of 2022 close for another test of range high at 105.5

Another scenario - breakout of 2022 without pullback. God safe #Bitcoin

#DXY #DollarIndex #USD

💵$DXY Dollar Index has formed a big ascending channel on the 12h-1d charts. It looks like it might go back down to the lower end of this channel.

If the $DXY drops like it usually does alongside crypto movements, this could really kick off another rally in crypto. Keep an eye on it!
#DollarIndex $BTC #bullorbear

Dollar Index got rejected from 103.3 and now losing SR at ~102.15 Next target for that retracement is April close and area below it 101.67-101.5

Needless to say that Bitcoin performance is in direct correlation with DXY price action. Strong DXY - bearish BTC. Weak DXY - strong BTC.

#DollarIndex #DXY #Dollar #USD

Dollar Index bounced from 102.2 and reached next level at 103 ✅

Breakout above April high will push #DXY to 2022 close at 103.5 and above.

So far everything goes as predicted. Until we see clear rejection from 103.5 or 104 no sense in longing anything for mid/long term. Only for dead cat bounces.

#DollarIndex #bitcoin #USDT

Dollar Index still at the bottom of the range. Therefore the risk of #DXY bouncing back to the top stays real. So far #EUR was holding #DollarIndex from the bullish bounce, but now it also found resistance, forming LH swing, so by next Wednesday we may expect some major movement

💵 The dollar index (DXY), typically inversely related to Bitcoin, dips 1% to 105.11, marking its lowest point since September 20. The shortfall in non-farm employment growth for October, as announced by the U.S. Department of Labor today (150,000 vs. expected 180,000), likely contributed to this decline. 🇺🇸📊 #BitcoinWorld #DollarIndex 📉📈🏦

Dollar Index reached target zone at 104.3 ✅ Precisely 👌🏼

Lets hope that is enough and #DXY will give some air to breath to crypto now.

#DollarIndex #USD

Dollar index reached target zone. From here we have a situation where both scenarios have 50% chances to happen. So I won't push any of them as the main one.

🔸Bounce from that zone (which alone may take 2-3 weeks) will push #DollarIndex back to 2022 close where it will either breakout or pull back again as shown by the original drawing. During consolidation BTC can still grow, but during the bounce it will go into correction.

🔸Break through that support will result in #DXY dump towards 99.7 and maybe 98.3 - whatever will be the reasons for that #USD weakness it will be very bullish for risk assets.

Hold on everyone, no cryptocurrency has fallen individually today, it's all connected to USD Index increasing and US new inflation rates report

US Dollar Index jumped from 104 to 105.3 USD on 10th of april, the market recovered but today it went further even to 106 USD reaching a high that no one expected,

Good news is, Dollar Index is gonna drop back eventually, and when it does its gonna drop 2 whole levels (back to to 105.3 and probably even further back to 104)

its gonna be a big bump to Crypto getting it exploding with big prices and huge investments
especially after adjusting to the new rates,

personally i find the current prices a big opportunity to get in the bulls race if you missed it earlier

dont freak out people the market is not collapsing, its just adjusting and recovering

Plus Bitcoin is expected to reach an all times high before the halving, all trending and rising Cryptos are connected in a way

this's your perfect entry to the market

goodluck everyone

#BullorBear #bitcoinhalving #BinanceLaunchpool #DollarIndex #Write2Earn

**Just In! 🚨** Dollar Index (DXY) Drops 20 Points to 106.61 After Disappointing US ADP September Employment Report
#DollarIndex #USADPReport #EmploymentData 💼📉

DXY slowed down in the red zone and so far moves as expected. What I can't know till it happen is if that move is start of correction or just preparation for another swing up. In any case there seem to be some more time for crypto now that 2022 close at 103.5 is lost and #DXY will take some effort to flip above that level again to continue higher.

#DollarIndex #USD

Dollar Index still moves under 104.3 resistance zone.

Up scenario - break above 104.42 towards 104.95 and above - #BTC dump

Down scenario - #DXY starts correction towards 103.1 / 102.7 and maybe 102.3 while BTC and alts party.

#DollarIndex #USD

Dollar Index continues its travel to 2022 close. 1.5 month past since original green drawing. Adding orange scenario with breakout towards 104.8-105.5

Crypto market doesn't yet reflect that movement as many altcoins are pumping and also not meeting much sell pressure. So either its a pre-dump pump, or #DXY will get rejected here. This week we will see.

#DollarIndex #USD

So far $BTC hold strong against Dollar, but we haven't seen any major flush yet, and therefore should be prepared. So it is worth keeping an eye on Dollar Index.

Main chart timeframe - Week. Small inserted chart - 4 hours. Break above old trendline and July close, which act as SR level. Finding acceptance above trendline will support further growth for #DXY.

As I wrote before, nearest target for that bounce is FVG EQ at 102.73

#DXY #DollarIndex

$DXY : Before and after. DXY looking bullish and seems its ready to take out the 105.

#HotTrends #BTC🔥🔥🔥🔥 #DollarIndex

🚨 High Impact Advanced GDP US 🗞️
🕣 6:30 PM
Expectations ( above 2.0)
Looking For Shorts on Risk Assets 🤘🏻
#DXY. #DollarIndex #BTC