Something very interesting is forming on the BTCUSD chart. However, it is all a matter of perspective. So lets take a few looks into what we might be seeing in front of us.
BTCUSD appears to be in a falling wedge pattern at the moment, seen by the white lines. Traditionally, this indicates a bullish reversal for price action with a price target marked out by...
Considering the dxy analysis i have posted prior to this post. If the dxy used that zone as a support (refer to the dxy setup) we should see gold drop to around the o.618 level , where there is a preious strong resistance. ideal area to also go long if we see good rejection around the 0.618 fib level.