DXY 102.2 18-MONTH HIGH vs BTC $84,213 RECLAIM — Inverse Correlation -0.84 — CPI Wednesday Decides 👀
DXY: 102.2 ▲ +1.8% — 18M high (up from 98-99 Sept)
BTC: $84,213 ▲ +3.2% — Reclaim
Inverse correlation: -0.84 — BTC moves opposite to DXY strength
Mid-2024: DXY up, BTC down to $56K
Now: BTC reclaiming while DXY hits 102.2 = divergence = breakout setup?
This week:
- Monday DXY 102.2
- Wednesday CPI: Core expected 0.227% vs 0.290% prior — if COOL, DXY drops → BTC vol expansion (IV at 5Y low 33.5%)
My earlier calls: $STRK +54%, $S +60% — both pumped before CPI
Next: Vol expansion long if CPI dovish
BTC to $90K if DXY rejects? 👇
$BTC $ETH $BNB #DXY #CPI #Bitcoin #Options #BinanceSquare
DXY: 102.2 ▲ +1.8% — 18M high (up from 98-99 Sept)
BTC: $84,213 ▲ +3.2% — Reclaim
Inverse correlation: -0.84 — BTC moves opposite to DXY strength
Mid-2024: DXY up, BTC down to $56K
Now: BTC reclaiming while DXY hits 102.2 = divergence = breakout setup?
This week:
- Monday DXY 102.2
- Wednesday CPI: Core expected 0.227% vs 0.290% prior — if COOL, DXY drops → BTC vol expansion (IV at 5Y low 33.5%)
My earlier calls: $STRK +54%, $S +60% — both pumped before CPI
Next: Vol expansion long if CPI dovish
BTC to $90K if DXY rejects? 👇
$BTC $ETH $BNB #DXY #CPI #Bitcoin #Options #BinanceSquare