DXY (Dollar Index) and Pamp/Dump BTC. Markets Cycles.
USA Dollar Index + Bitcoin Pamp/Dump Cycles. Logarithm. Time frame 1 week. Minima and maxima of bitcoin secondary trends are shown. Everything is detailed and shown, including what everyone always wants to know. Cyclicality. Accuracy.
This is what it looks like on a line chartto illustrate simple things.
This is what it looks like on a line chartto illustrate simple things.
Comment:
14 09 there was a "squeeze glitch" to zero. Screenshots in the telegram channel. Managed to capture it on my phone. A few minutes later, the squeeze disappeared. There is nothing here anymore. Probably, you understand and remember from previous publications (dominance, capitalization) why this is done and what happens next.
Comment:
Domination of USDT + USDC and lows/maxims of BTC. Correlation
Comment:
Now the resistance of the rising channel is at the level of 113.180. The zone is very important and symbolic. Remember where you saw similar figures at the state level. What events accompanied, events in the future ...
Comment:
The dollar index reversed from channel resistance and has now fallen to the channel meridian (middle part). The weakening dollar has naturally had a positive effect on markets, particularly stocks and cryptocurrencies.
Locally from the channel meridian there is a bounce. An upward wedge (bearish pattern) is forming on a smaller time frame. If it is confirmed and will be broken down—the markets will rise.
Recall that the dollar index is the most reliable indicator of a dump or dump of the markets. There is a direct correlation of capital flows.
The index rises—markets fall (investors and traders fix profits, hedging positions, falling economies, depressed investors in the markets).
The index falls—markets rise (dollars flow into assets, the general psychological rise of investors and traders, the growth of economies).
Locally from the channel meridian there is a bounce. An upward wedge (bearish pattern) is forming on a smaller time frame. If it is confirmed and will be broken down—the markets will rise.
Recall that the dollar index is the most reliable indicator of a dump or dump of the markets. There is a direct correlation of capital flows.
The index rises—markets fall (investors and traders fix profits, hedging positions, falling economies, depressed investors in the markets).
The index falls—markets rise (dollars flow into assets, the general psychological rise of investors and traders, the growth of economies).
Comment:
Time frame 3 days.
The index is still in the local sideways at the meridian of the big ascending channel (watch the main idea of the trend).
Locally, the price approached the resistance zone of the channel in the local uptrend. The reversal zone. The logic of the index and its influence on absolutely all markets is shown on the chart.
The index is still in the local sideways at the meridian of the big ascending channel (watch the main idea of the trend).
Locally, the price approached the resistance zone of the channel in the local uptrend. The reversal zone. The logic of the index and its influence on absolutely all markets is shown on the chart.
Comment:
Comment:
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