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DollarIndex
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Bullish
đŸ’” 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. đŸ‡ș🇾📊 #BitcoinWorld #DollarIndex 📉📈🏩
đŸ’” 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. đŸ‡ș🇾📊 #BitcoinWorld #DollarIndex 📉📈🏩
Until the CPI data is released, we might see another extended market movement. đŸ§č [just one of the USDT Reward 💰💋](https://www.binance.com/en-IN/activity/referral-entry?ref=LIMIT_CB22U6XL&registerchannel=293258088532942848) If Bitcoin ($BTC ) fails to break through the $69,700-$69,900 range, expect a decline. 📉 Bitcoin Dominance (#BTCDOM) could increase to 55.80%, reaching its previous high. 📈 The rising Dollar Index (#DXY) is also bearish for the market. 📉 It's better to wait for the CPI data results to find a good entry point and avoid unnecessary trades. đŸ•°ïž #CryptoMarket #BTC #Altcoins #TechnicalAnalysis #TradingInsights #DollarIndex
Until the CPI data is released, we might see another extended market movement. đŸ§č
just one of the USDT Reward 💰💋
If Bitcoin ($BTC ) fails to break through the $69,700-$69,900 range, expect a decline. 📉

Bitcoin Dominance (#BTCDOM) could increase to 55.80%, reaching its previous high. 📈

The rising Dollar Index (#DXY) is also bearish for the market. 📉

It's better to wait for the CPI data results to find a good entry point and avoid unnecessary trades. đŸ•°ïž

#CryptoMarket #BTC #Altcoins #TechnicalAnalysis #TradingInsights #DollarIndex
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Bearish
🚹 High Impact Advanced GDP US đŸ—žïž 🕣 6:30 PM Expectations ( above 2.0) Looking For Shorts on Risk Assets đŸ€˜đŸ» #DXY. #DollarIndex #BTC
🚹 High Impact Advanced GDP US đŸ—žïž
🕣 6:30 PM
Expectations ( above 2.0)
Looking For Shorts on Risk Assets đŸ€˜đŸ»
#DXY. #DollarIndex #BTC
BITCOIN VS U.S. DOLLAR! BULL RUN?? Hey everyone! If you enjoy this analysis, a thumbs up and follow would be greatly appreciated! Understanding the Inverse Correlation As you correctly noted, Bitcoin (BTC) and the US Dollar Index (DXY) often exhibit an inverse relationship. When DXY weakens, BTC tends to appreciate, and vice versa. Analyzing Recent Trends DXY Breakdown: DXY is currently showing signs of a bearish breakdown from a symmetrical triangle on the weekly timeframe. This suggests potential further weakness in the US Dollar. BTC Bull Flag: Bitcoin is forming a bullish flag pattern on the weekly timeframe, indicating potential upward momentum. Potential Outlook The combined analysis of both DXY and BTC suggests a favorable environment for Bitcoin. A breakout from the bullish flag, coupled with a weakening US Dollar, could lead to significant gains in the coming months. What are your thoughts on BTC's and the U.S. Dollar Index's current price action? Do you see a bullish pattern in BTC? Share your analysis in the comments below! #BTC☀ #DollarIndex #BullRunAhead #Write2Earn! #crypto {spot}(BTCUSDT)
BITCOIN VS U.S. DOLLAR! BULL RUN??

Hey everyone!

If you enjoy this analysis, a thumbs up and follow would be greatly appreciated!

Understanding the Inverse Correlation

As you correctly noted, Bitcoin (BTC) and the US Dollar Index (DXY) often exhibit an inverse relationship. When DXY weakens, BTC tends to appreciate, and vice versa.

Analyzing Recent Trends

DXY Breakdown: DXY is currently showing signs of a bearish breakdown from a symmetrical triangle on the weekly timeframe. This suggests potential further weakness in the US Dollar.

BTC Bull Flag: Bitcoin is forming a bullish flag pattern on the weekly timeframe, indicating potential upward momentum.
Potential Outlook

The combined analysis of both DXY and BTC suggests a favorable environment for Bitcoin. A breakout from the bullish flag, coupled with a weakening US Dollar, could lead to significant gains in the coming months.

What are your thoughts on BTC's and the U.S. Dollar Index's current price action? Do you see a bullish pattern in BTC? Share your analysis in the comments below!

#BTC☀ #DollarIndex #BullRunAhead #Write2Earn! #crypto
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
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
đŸ’”$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 $BTC #bullorbear
đŸ’”$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
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Bearish
$DXY #Dollar played out as I planned and is now bouncing back up again. After $DXY dropped, crypto moved slightly up. Looking at a bigger timeframe, it’s still in an uptrend, creating higher lows and higher highs (ascending channel). #dxy #DollarIndex #USDollarWarning #bullorbear
$DXY #Dollar played out as I planned and is now bouncing back up again. After $DXY dropped, crypto moved slightly up.

Looking at a bigger timeframe, it’s still in an uptrend, creating higher lows and higher highs (ascending channel).
#dxy #DollarIndex #USDollarWarning #bullorbear
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
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
đŸ€‘đ™‚đ™€đ™ 𝙁𝙍𝙀𝙀 đ™đ™€đ™’đ˜Œđ™đ˜ż 𝙐𝙋𝙏𝙊 8$ 𝙐𝙎𝘿𝙏 đ˜Œđ™‰đ˜ż 𝙋𝙀𝙋𝙀 đ˜Ÿđ™Šđ™„đ™‰đ™Ž 𝙁𝙍𝙊𝙈 𝙈𝙔 𝙏𝙒𝙊 📌 𝙋𝙄𝙉𝙉𝙀𝘿 đ™‹đ™Šđ™Žđ™đ™ŽđŸ’°đŸ€‘đŸ’ž Here are some charts to help you navigate the market: 1. Keep an eye on #Total3  , which represents the altcoin market. 2. Watch the #DollarIndex  , as it tends to move inversely to the overall market. 3. Monitor #BTCDOM  , as it often moves opposite to altcoins. #HKETF  #BitcoinETFs $BTC $ETH $BNB
đŸ€‘đ™‚đ™€đ™ 𝙁𝙍𝙀𝙀 đ™đ™€đ™’đ˜Œđ™đ˜ż 𝙐𝙋𝙏𝙊 8$ 𝙐𝙎𝘿𝙏 đ˜Œđ™‰đ˜ż 𝙋𝙀𝙋𝙀 đ˜Ÿđ™Šđ™„đ™‰đ™Ž 𝙁𝙍𝙊𝙈 𝙈𝙔 𝙏𝙒𝙊 📌 𝙋𝙄𝙉𝙉𝙀𝘿 đ™‹đ™Šđ™Žđ™đ™ŽđŸ’°đŸ€‘đŸ’ž

Here are some charts to help you navigate the market:

1. Keep an eye on #Total3  , which represents the altcoin market.
2. Watch the #DollarIndex  , as it tends to move inversely to the overall market.
3. Monitor #BTCDOM  , as it often moves opposite to altcoins.

#HKETF  #BitcoinETFs
$BTC $ETH $BNB
đŸ€‘đ™‚đ™€đ™ 𝙁𝙍𝙀𝙀 đ™đ™€đ™’đ˜Œđ™đ˜ż 𝙐𝙋𝙏𝙊 8$ 𝙐𝙎𝘿𝙏 đ˜Œđ™‰đ˜ż 𝙋𝙀𝙋𝙀 đ˜Ÿđ™Šđ™„đ™‰đ™Ž 𝙁𝙍𝙊𝙈 𝙈𝙔 𝙏𝙒𝙊 📌 𝙋𝙄𝙉𝙉𝙀𝘿 đ™‹đ™Šđ™Žđ™đ™ŽđŸ’°đŸ€‘đŸ’ž Here are some charts to help you navigate the market: 1. Keep an eye on #Total3  , which represents the altcoin market. 2. Watch the #DollarIndex  , as it tends to move inversely to the overall market. 3. Monitor #BTCDOM  , as it often moves opposite to altcoins. #HKETF  #BitcoinETFs $BTC $ETH $BNB
đŸ€‘đ™‚đ™€đ™ 𝙁𝙍𝙀𝙀 đ™đ™€đ™’đ˜Œđ™đ˜ż 𝙐𝙋𝙏𝙊 8$ 𝙐𝙎𝘿𝙏 đ˜Œđ™‰đ˜ż 𝙋𝙀𝙋𝙀 đ˜Ÿđ™Šđ™„đ™‰đ™Ž 𝙁𝙍𝙊𝙈 𝙈𝙔 𝙏𝙒𝙊 📌 𝙋𝙄𝙉𝙉𝙀𝘿 đ™‹đ™Šđ™Žđ™đ™ŽđŸ’°đŸ€‘đŸ’ž

Here are some charts to help you navigate the market:

1. Keep an eye on #Total3  , which represents the altcoin market.
2. Watch the #DollarIndex  , as it tends to move inversely to the overall market.
3. Monitor #BTCDOM  , as it often moves opposite to altcoins.

#HKETF  #BitcoinETFs
$BTC $ETH $BNB
đŸ€‘đ™‚đ™€đ™ 𝙁𝙍𝙀𝙀 đ™đ™€đ™’đ˜Œđ™đ˜ż 𝙐𝙋𝙏𝙊 8$ 𝙐𝙎𝘿𝙏 đ˜Œđ™‰đ˜ż 𝙋𝙀𝙋𝙀 đ˜Ÿđ™Šđ™„đ™‰đ™Ž 𝙁𝙍𝙊𝙈 𝙈𝙔 𝙏𝙒𝙊 📌 𝙋𝙄𝙉𝙉𝙀𝘿 đ™‹đ™Šđ™Žđ™đ™ŽđŸ’°đŸ€‘đŸ’ž Here are some charts to help you navigate the market: 1. Keep an eye on #Total3  , which represents the altcoin market. 2. Watch the #DollarIndex  , as it tends to move inversely to the overall market. 3. Monitor #BTCDOM  , as it often moves opposite to altcoins. #HKETF  #BitcoinETFs $BTC $ETH $BNB
đŸ€‘đ™‚đ™€đ™ 𝙁𝙍𝙀𝙀 đ™đ™€đ™’đ˜Œđ™đ˜ż 𝙐𝙋𝙏𝙊 8$ 𝙐𝙎𝘿𝙏 đ˜Œđ™‰đ˜ż 𝙋𝙀𝙋𝙀 đ˜Ÿđ™Šđ™„đ™‰đ™Ž 𝙁𝙍𝙊𝙈 𝙈𝙔 𝙏𝙒𝙊 📌 𝙋𝙄𝙉𝙉𝙀𝘿 đ™‹đ™Šđ™Žđ™đ™ŽđŸ’°đŸ€‘đŸ’ž

Here are some charts to help you navigate the market:

1. Keep an eye on #Total3  , which represents the altcoin market.
2. Watch the #DollarIndex  , as it tends to move inversely to the overall market.
3. Monitor #BTCDOM  , as it often moves opposite to altcoins.

#HKETF  #BitcoinETFs
$BTC $ETH $BNB
đŸ€‘đ™‚đ™€đ™ 𝙁𝙍𝙀𝙀 đ™đ™€đ™’đ˜Œđ™đ˜ż 𝙐𝙋𝙏𝙊 8$ 𝙐𝙎𝘿𝙏 đ˜Œđ™‰đ˜ż 𝙋𝙀𝙋𝙀 đ˜Ÿđ™Šđ™„đ™‰đ™Ž 𝙁𝙍𝙊𝙈 𝙈𝙔 𝙏𝙒𝙊 📌 𝙋𝙄𝙉𝙉𝙀𝘿 đ™‹đ™Šđ™Žđ™đ™ŽđŸ’°đŸ€‘đŸ’ž Here are some charts to help you navigate the market: 1. Keep an eye on #Total3  , which represents the altcoin market. 2. Watch the #DollarIndex  , as it tends to move inversely to the overall market. 3. Monitor #BTCDOM  , as it often moves opposite to altcoins. #HKETF  #BitcoinETFs $BTC $ETH $BNB
đŸ€‘đ™‚đ™€đ™ 𝙁𝙍𝙀𝙀 đ™đ™€đ™’đ˜Œđ™đ˜ż 𝙐𝙋𝙏𝙊 8$ 𝙐𝙎𝘿𝙏 đ˜Œđ™‰đ˜ż 𝙋𝙀𝙋𝙀 đ˜Ÿđ™Šđ™„đ™‰đ™Ž 𝙁𝙍𝙊𝙈 𝙈𝙔 𝙏𝙒𝙊 📌 𝙋𝙄𝙉𝙉𝙀𝘿 đ™‹đ™Šđ™Žđ™đ™ŽđŸ’°đŸ€‘đŸ’ž

Here are some charts to help you navigate the market:

1. Keep an eye on #Total3  , which represents the altcoin market.
2. Watch the #DollarIndex  , as it tends to move inversely to the overall market.
3. Monitor #BTCDOM  , as it often moves opposite to altcoins.

#HKETF  #BitcoinETFs
$BTC $ETH $BNB
🚹 Dollar Surge Impacts Crypto Ambitions 🚹 As the U.S. dollar index (DXY) takes flight, it's crucial to dissect its potential impact on the cryptocurrency market. Here's the lowdown on the current financial landscape: 📈 DXY soared past the key 104.4 level, a bullish signal for the dollar but a headwind for crypto. đŸ’Œ Friday's robust nonfarm payrolls inject skepticism regarding any near-term Federal Reserve rate cuts. 📉 U.S. stock index futures initially spiked but retreated, hinting at market uncertainty. đŸȘ™ Cryptocurrency bulls might find the strengthened dollar a tough adversary in the short term. Key Insights: 💡 A stronger dollar often spells caution for crypto as investors pivot towards the safety of traditional assets. 📊 DXY's breach of 104.4 could dampen the enthusiasm for riskier assets, including digital currencies. ⚖ The market’s anticipation of Fed's rate decisions will be pivotal in shaping the crypto trajectory. Engage with these insights and keep your finger on the market pulse! Share your thoughts, hit the like, or pass it on! 🔄💬👍 #Nonfarm $BTC $FDUSD #DollarIndex
🚹 Dollar Surge Impacts Crypto Ambitions 🚹

As the U.S. dollar index (DXY) takes flight, it's crucial to dissect its potential impact on the cryptocurrency market. Here's the lowdown on the current financial landscape:

📈 DXY soared past the key 104.4 level, a bullish signal for the dollar but a headwind for crypto.
đŸ’Œ Friday's robust nonfarm payrolls inject skepticism regarding any near-term Federal Reserve rate cuts.
📉 U.S. stock index futures initially spiked but retreated, hinting at market uncertainty.
đŸȘ™ Cryptocurrency bulls might find the strengthened dollar a tough adversary in the short term.

Key Insights:
💡 A stronger dollar often spells caution for crypto as investors pivot towards the safety of traditional assets.
📊 DXY's breach of 104.4 could dampen the enthusiasm for riskier assets, including digital currencies.
⚖ The market’s anticipation of Fed's rate decisions will be pivotal in shaping the crypto trajectory.
Engage with these insights and keep your finger on the market pulse! Share your thoughts, hit the like, or pass it on! 🔄💬👍
#Nonfarm $BTC $FDUSD #DollarIndex
Dollar Index chart update - currently dipping under 2022 close but still within order block. Looks like will go down to January close around 102 #DXY #Dollar #DollarIndex
Dollar Index chart update - currently dipping under 2022 close but still within order block. Looks like will go down to January close around 102

#DXY #Dollar #DollarIndex
Here are some charts to help you navigate the market: 1. Keep an eye on #Total3 , which represents the altcoin market. 2. Watch the #DollarIndex , as it tends to move inversely to the overall market. 3. Monitor #BTCDOM , as it often moves opposite to altcoins. #HKETF #BitcoinETFs $BTC $ETH $BNB
Here are some charts to help you navigate the market:

1. Keep an eye on #Total3 , which represents the altcoin market.
2. Watch the #DollarIndex , as it tends to move inversely to the overall market.
3. Monitor #BTCDOM , as it often moves opposite to altcoins.

#HKETF #BitcoinETFs
$BTC $ETH $BNB
Dollar Index followed my drawing and now at the stage of inevitable bounce after the dump. I've added yellow line to show another possible scenario with rejection from last May week high and return back to May close at ~104.22 Today PPI at 12.30 UTC, so we should see some more volatility. The higher this week close, the higher are chances for #DXY to continue towards 105.4-105.7 as per original drawing scenario. #DollarIndex #DollarDominance
Dollar Index followed my drawing and now at the stage of inevitable bounce after the dump. I've added yellow line to show another possible scenario with rejection from last May week high and return back to May close at ~104.22

Today PPI at 12.30 UTC, so we should see some more volatility. The higher this week close, the higher are chances for #DXY to continue towards 105.4-105.7 as per original drawing scenario.

#DollarIndex #DollarDominance
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