Great chart of the correlation between dollar ($DXY) weakness leading to $BTC gains and vice versa.
Reminds me of what nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l has been saying.
Credit to Justin over on X @justinisaballa:
โHere's how cycles in dollar strength (DXY) overlay on Bitcoin cycles; bull and bear markets.
$BTC bull markets have been marked by a false breakout then selloff in $DXY, after a period of consolidation.
Sure looks a lot like 2017 today ๐โ
#bitcoin #btc #grownostr #bullish #plebchain
