BTC is at the top of the zone of this bearish retest.
DXY is currently retesting a major breakdown on the monthly time frame - which projects out a 2-4 year bull run for BTC.
Due to this major macro turning point, it’s possible we see an extreme liquidity grab crash on Bitcoin - recovering liquidity as shown on this chart.
Projected movements marked here.
Be prepared for anything - volatility expected
DXY is currently retesting a major breakdown on the monthly time frame - which projects out a 2-4 year bull run for BTC.
Due to this major macro turning point, it’s possible we see an extreme liquidity grab crash on Bitcoin - recovering liquidity as shown on this chart.
Projected movements marked here.
Be prepared for anything - volatility expected
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.