The US Dollar Currency Index (DXY) continues to fight back, despite massive government printing. Historically speaking, when DXY is trending down, Bitcoin trends up, and when DXY is trending up, Bitcoin trends down. With DXY having a fairly impressive breakout over the last few weeks, we cannot help but wonder if this will present an obstacle for Bitcoin on its journey to $100k, or if is simply a detail that will not be regarded in the future. TA Video by Benjamin Cowen.
