Friday 20 August 2021

Bitcoin: The Hidden Battle

The battle for Bitcoin at the moment perhaps does not even lie on the Bitcoin chart. Historically, the US Dollar Currency Index (DXY) showing strength has been able to halt Bitcoin in its tracks. Will DXY continue to move up? And if so, will it keep Bitcoin from immediately putting in new All-Time-Highs? In this video we dive into the chart to see what DXY is doing and speculate on what it may do in the coming months. TA Video by Benjamin Cowen.