#btc & #dxy
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Dear Friends
Compare BTC and dollar index(DXY).
Given the market conditions, I expect a temporary correction in the dollar.
But an upward trend for the dollar and high risk aversion is still to be expected.
But by comparing the technical chart, we see that it is very similar to the 2014 cycle.
And then 2018.
In the past, longer suffering with a reduction of 40-50%
The main difference between this cycle and the past is that this period was double ATH.
Compare BTC and dollar index(DXY).
Given the market conditions, I expect a temporary correction in the dollar.
But an upward trend for the dollar and high risk aversion is still to be expected.
But by comparing the technical chart, we see that it is very similar to the 2014 cycle.
And then 2018.
In the past, longer suffering with a reduction of 40-50%
The main difference between this cycle and the past is that this period was double ATH.
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