Once the dollar breaks down, bitcoin takes off

in #bitcoin • 2 years ago

We just need the dollar to cool down in order to see bitcoin fly

There are a lot of indicators out there people follow in order to trade bitcoin...

However, there may only be one that you really need to pay attention to...

And that's a chart of the dollar:

image.png

(Source: https://twitter.com/rovercrc/status/1519672531418066944/photo/1)

Every time the dollar has peaked, bitcoin has taken off shortly after.

Conversely, when the dollar bottoms, bitcoin tanks.

That's all you really need to know in order to trade bitcoin.

#crypto #news #steemit #life #blog #investing #money
2 years ago in #bitcoin by
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    • [-]
     2 years ago 

    no cool down

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    [-]
     2 years ago 

    dollar keeps flying

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    [-]
     2 years ago 

    getting toppy

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    [-]
     2 years ago 

    dollar at highest levels in years

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    [-]
     2 years ago 

    dollar over 103

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    [-]
     2 years ago 

    down down down

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    [-]
     2 years ago 

    everything tanking

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    [-]
     2 years ago 

    everything down even more

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    [-]
     2 years ago 

    dollar too strong

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    [-]
     2 years ago 

    dollar not peaking

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