#DXY — is this the right time to load crypto? 🔥
Back on Oct 10 we said crypto was dumping because the Dollar Index broke out and strengthened — and we expected it to push toward 100.748 before dropping.
And yep… that played out perfectly. Today DXY is weakening and just broke down from a double top, meaning the downtrend could continue toward 97.6 📉
Why does this matter?
Because anything paired with USDT (BTC/USDT, ETH/USDT, etc.) reacts to DXY.
➡️ Dollar strong = crypto weak
➡️ Dollar weak = crypto pumps
Things are getting interesting… 🚀
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