US DOLLAR CURRENCY INDEX

30 de dez. de 2020

The US Dollar Index is Approaching a Critical demand zone. As it stands, there is still a bearish bias as price will may tend to go into the zone properly, hence BTC will remains further bullish. Should price breaks and close below the Critical zone, the U.S Dollar Currency will further weaken and this will push the price of bitcoin very high. Considering the impact of Covid-19 on the U.S economy, there maybe less global capital inflows and this gives a Confluence.