When Bitcoin, Ethereum Shrug USD Strength
DXY vs BTC vs ETH Nov 2018 to Aug 2021
Again, it is more likely for ETH and BTC to rally in tandem during USD weakness. But when both ETH and BTC rally despite a strong USD rally (defined as at least +0.5% per week), then we're most likely in a period of real, durable upswing in cryptos—as defined by BTC.
Jun 22, 2023 16:46 | by Ashraf LaidiI mentioned last week on here on how and why both gold and USD are falling together. Since then, the trend accelerated alongside another detail.
Mar 17, 2023 21:28 | by Ashraf Laidi.
Jan 11, 2023 10:57 | by Ashraf LaidiIf the DAX40 maintains its habit of extending 13% above its 200 DMA, then current upside may extend to as high as 15300, just below the 76% retracement of the decline from the Jan 2022 high to...