Bitcoin

<ul><li>Glassnode&#39;s Negentropic co-founders boldly predict a Bitcoin surge, attributing it to an impending DXY downturn.</li><li>The DXY, an essential gauge of the US dollar&#39;s potency compared to a selection of key global currencies, has garnered considerable interest among traders.</li><li>Happel and Allemann&#39;s meticulous analysis reveals a distinctive three-wave pattern within the DXY, conforming to the Elliott Wave theory.</li></ul>In a bold prognostication, the co-founders of the renowned crypto analytics firm Glassnode have set their sights on a monumental Bitcoin bull run. Jan Happel and Yann Allemann, known by their shared Negentropic moniker on the X social media platform, are convinced that the US Dollar Index (DXY) is on the cusp of a significant downturn, poised to ignite this anticipated surge in Bitcoin&#39;s value.<img src="https://academy-public.coinmarketcap.com/srd-optimized-uploads/5b04a05d605642498fa7168a0ceb02c3.png" />The DXY, a pivotal gauge of the US dollar&#39;s strength against a basket of six major global currencies, has captured the attention of traders worldwide. A weakened <a href="https://cryptotale.org/recent-analysis-from-cn10y-dxy-suggests-that-the-bullish-momentum-of-btc-is-still-intact/" rel="noopener noreferrer nofollow">DXY</a> signals a preference for risk assets such as cryptocurrencies and stocks over the US dollar.Happel and Allemann meticulously dissected their data, revealing a distinctive three-wave pattern within the DXY, identified as the A-B-C wave. Their forecast suggests that the DXY will plummet below the pivotal 100 mark before the year&#39;s end, culminating in the completion of the C wave correction at a staggering 89.34 level in the first half of the following year.Read full article<a href="https://cryptotale.org/crypto-analytics-visionaries-forecast-bitcoin-surge-amidst-impending-dxy-dip/" rel="noopener noreferrer nofollow"> at CryptoTale.</a>

Crypto Analytics Visionaries Forecast Bitcoin Surge Amidst Impending DXY Dip

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