Great chart of the correlation between dollar ($DXY) weakness leading to $BTC gains ...

2025-02-12 23:04:01

Great chart of the correlation between dollar ($DXY) weakness leading to $BTC gains and vice versa.

Reminds me of what Dr. Jeff (npub1k7v…c04l) has been saying.

Credit to Justin over on X @justinisaballa:

“Here's how cycles in dollar strength (DXY) overlay on Bitcoin cycles; bull and bear markets.

$BTC bull markets have been marked by a false breakout then selloff in $DXY, after a period of consolidation.

Sure looks a lot like 2017 today 👀”

#bitcoin #btc #grownostr #bullish #plebchain

Author Public Key

npub15mwtfq0va0l93srv3eyv3s00az2hr32e5phymaw2nz7mzyymz30sl8zz9n

Seen on

wss://relay.primal.net

Show more details

Published at

2025-02-12 23:04:01

Kind type

1 Short Text Note

Event JSON

{ "id": "c56ef8eba140f77326d695768298aea84614bdc568cd256339f22884678734e2", "pubkey": "a6dcb481ecebfe58c06c8e48c8c1efe89571c559a06e4df5ca98bdb1109b145f", "created_at": 1739401441, "kind": 1, "tags": [ [ "imeta", "url https://image.nostr.build/7b87115db1fbb4e40d71e1a648a6329abca389f0e9bc32857ac2e6c1fb81d277.jpg", "blurhash e14_kJ?HMy%2I.%$-;%0xtixIUt6xtads+rVs,s;s8xp4o-p%K$zxF", "dim 1170x1629" ], [ "imeta", "url https://image.nostr.build/730b969bf1d36f3db8fd27de75d4464e85e426048052df041a07db0d76dcd502.jpg", "blurhash e15Ed7a1IEw1P6%Nxat6xFoK5T-Wtj$$jJ$+baxDNbi{RWOm-oF1rs", "dim 2452x1590" ], [ "p", "b7996c183e036df27802945b80bbdc8b0bf5971b6621a86bf3569c332117f07d" ], [ "t", "bitcoin" ], [ "t", "btc" ], [ "t", "grownostr" ], [ "t", "bullish" ], [ "t", "plebchain" ], [ "r", "https://image.nostr.build/7b87115db1fbb4e40d71e1a648a6329abca389f0e9bc32857ac2e6c1fb81d277.jpg" ], [ "r", "https://image.nostr.build/730b969bf1d36f3db8fd27de75d4464e85e426048052df041a07db0d76dcd502.jpg" ] ], "content": "Great chart of the correlation between dollar ($DXY) weakness leading to $BTC gains and vice versa.\n\nReminds me of what nostr:npub1k7vkcxp7qdkly7qzj3dcpw7u3v9lt9cmvcs6s6ln26wrxggh7p7su3c04l has been saying.\n\nCredit to Justin over on X @justinisaballa:\n\n“Here's how cycles in dollar strength (DXY) overlay on Bitcoin cycles; bull and bear markets. \n\n$BTC bull markets have been marked by a false breakout then selloff in $DXY, after a period of consolidation. \n\nSure looks a lot like 2017 today 👀”\n\n#bitcoin #btc #grownostr #bullish #plebchain https://image.nostr.build/7b87115db1fbb4e40d71e1a648a6329abca389f0e9bc32857ac2e6c1fb81d277.jpg https://image.nostr.build/730b969bf1d36f3db8fd27de75d4464e85e426048052df041a07db0d76dcd502.jpg ", "sig": "21f0a994e79b503287ea04af1f89e668f870c84271d165bf3760b07f0f0a205b494aa08f4f92687b32e75d401fc75760adbe2c10e7e1f18cbfe9c98c6d511cd4" }

tonycarrera on Nostr: Great chart of the correlation between dollar ($DXY) weakness leading to $BTC gains ...