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ActionBronson
10. Jun. 2021 18:08

DXY looks like continuation to the downside - BTC and Alts green Long

U.S. Dollar Currency IndexTVC

Beschreibung

Inverse to conventional - this confirms my ALGO trade, may double down

Generally speaking when DXY is in a downtrend, BTC is in an uptrend, obviously this isn't always the case but macro, it's the closest correlation that can be drawn.

Currently that tells me that btc & alts will possibly have a leg up
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