Keep an eye on the dollar DXY chart more than the Bitcoin chart this week.
The
#الدولار US(DXY) index breaks the 97 barrier downward today. Historically, the index falling below 96 was the main trigger for the explosion in altcoin prices (Altcoin Season) with expectations of entering a super cycle (Supercycle) if this decline continues.
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Guys, focus with me because this index is the "archenemy" of crypto. When the dollar weakens, money flees from it and moves into high-risk, high-reward assets, primarily altcoins.
Why is the 96 level the "key word"? Let me think with you:
Market memory (Hist