DXY just hit its highest level in 20 months 💯
When the dollar gets stronger, $BTC and other crypto coins can come under pressure
Usually, when DXY moves above 100, crypto can struggle.... and when it falls below 100, it can be better for the market
But it's not always that simple.... the market can move differently depending on what's happening
Will DXY keep going up, or will crypto bounce back? 🤔
#BTC #dyx
When the dollar gets stronger, $BTC and other crypto coins can come under pressure
Usually, when DXY moves above 100, crypto can struggle.... and when it falls below 100, it can be better for the market
But it's not always that simple.... the market can move differently depending on what's happening
Will DXY keep going up, or will crypto bounce back? 🤔
#BTC #dyx
