Historically speaking, we know that DXY moving up is bad for Bitcoin, and that DXY moving down is good for Bitcoin. The US Dollar Currency Index is putting up a fight in the same region that it did back in early 2018. We have seen fake-outs before though, so let us keep a close eye on which direction DXY decides to go over the next few weeks. The path it takes might make Bitcoin's path a little more clear. TA Video by Benjamin Cowen.
