The U.S. Dollar index (DXY) is about to enter a significant downtrend, according to cryptocurrency analyst EGRAG CRYPTO. Read more on Coin Edition.
- EGRAG CRYPTO says the U.S. Dollar index (DXY) is about to enter a significant downtrend.
- The analyst projected that DXY would fall toward $93 after facing an upward rejection.
- The DXY maintains a historically negative correlation against Bitcoin.
The U.S. Dollar index (DXY) is about to enter a significant downtrend, according to cryptocurrency analyst EGRAG CRYPTO. In an analysis posted on Twitter, EGRAG projected that DXY would fall toward $93 after facing an upward rejection.