#DXY Relationship with #Bitcoin


There is definitely a relationship.
Historically:
Strong #Dollar (DXY Up)
Usually:
BTC struggles.
#Gold struggles.
Emerging markets struggle.
Liquidity contracts.
Weak $Dollar (DXY Down)
Usually:
BTC rises.
#Crypto rises.
#Commodities rise.
Risk appetite expands.
The inverse relationship isn't perfect, but over multi-month periods it is quite strong.
We are currently at a 'make or break point on long term DXY which will likely have a serious impact on #BTC & #ALTs
BTC1.51%
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