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:

โ€œHere'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 ๐Ÿ‘€โ€

#bitcoin #btc #grownostr #bullish #plebchain

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