🚨 Bitcoin has reached the real test… and this is where the strongest move could begin!
So don’t watch the Bitcoin chart alone.
Watch BTC + DXY together.
If you’re only watching $BTC , there’s something else you should keep an eye on 👀
DXY (U.S. Dollar Index) — the U.S. Dollar Index
Why does it matter?
Simply put, when the dollar strengthens 📈, it often puts more pressure on risk assets, including crypto.
The strange thing right now is that the DXY is rising, yet BTC is still holding around 86K.
To me, this is the battleground.
🟢 If BTC can break 90.4K and hold above it, then we could see a path toward:
➡️ 94K
➡️ 96K
🔴 But if the DXY stays strong and BTC fails to break through this zone, we could see a rejection and a pullback before another attempt to move higher.
In short:
BTC is testing resistance…
And the dollar is testing BTC’s strength.
#Bitcoin #BTC #DXY #crypto #BinanceSquare
So don’t watch the Bitcoin chart alone.
Watch BTC + DXY together.
If you’re only watching $BTC , there’s something else you should keep an eye on 👀
DXY (U.S. Dollar Index) — the U.S. Dollar Index
Why does it matter?
Simply put, when the dollar strengthens 📈, it often puts more pressure on risk assets, including crypto.
The strange thing right now is that the DXY is rising, yet BTC is still holding around 86K.
To me, this is the battleground.
🟢 If BTC can break 90.4K and hold above it, then we could see a path toward:
➡️ 94K
➡️ 96K
🔴 But if the DXY stays strong and BTC fails to break through this zone, we could see a rejection and a pullback before another attempt to move higher.
In short:
BTC is testing resistance…
And the dollar is testing BTC’s strength.
#Bitcoin #BTC #DXY #crypto #BinanceSquare