Negative correlation is clean since the covid pump in the USD.
DXY suggesting that BTC peaked.
Please like and share if you appreciate this market update.
We are certified Elliotticians and publish Elliott Wave counts for indices, stocks & ETFs, cryptos, and commodities, in weekly, daily and 4-hour timeframes.
Cryptos are updated every day of the week and on Saturday, if necessary.
Traditional assets are updated on Monday, Tuesday, Wednesday and Thursday, and if necessary, on Friday.
Elliott wave & Fibonacci labelling:
Common path in white, bullish count in green, bearish count in red.
DXY suggesting that BTC peaked.
Please like and share if you appreciate this market update.
We are certified Elliotticians and publish Elliott Wave counts for indices, stocks & ETFs, cryptos, and commodities, in weekly, daily and 4-hour timeframes.
Cryptos are updated every day of the week and on Saturday, if necessary.
Traditional assets are updated on Monday, Tuesday, Wednesday and Thursday, and if necessary, on Friday.
Elliott wave & Fibonacci labelling:
Common path in white, bullish count in green, bearish count in red.