UUS Dollar Currency Index Currently trading at $107
In Simple way as per Past Performance DXY inverse Proportional to #Bitcoin
In This Chart Detail Explanation:-
December 2016 #DXY Price was $103 ( Which was ATH ) that time Bitcoin Price was $750 After one year DXY dumped badly and Hit $88 within one year and This time BITCOIN Hit New All Time High $19900
After Again DXY Pumped and Hit $103 in 2020 so Again Bitcoin Crashed Badly and Hit again Low of Bear Market $3200-$3800
After then Bitcoin Found bottom in 2029-2020 DXY trend was changed and Hit again low around $89 that was Last year and BITCOIN Hit New All Time high $69000
But Currently DXY breakout $103 resistance and Hit $114 which was ATH of Dollar currency Index. And Currently Bitcoin Trading around $15500-$16600
So In one Line :- We are Very Near of BITCOIN Low / Bottom.
So Ignore all Negative News and Articles/Media and Buy Bitcoin and Hold Till December 2025
IMO August 2024 - December 2025 will Be bottom of DXY and This is ATH of Bitcoin.
Too much research in this Analysis so Please Like and share and Appreciate guys.
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