#Bitcoin Local Bottom?
The last time the Dollar Index (DXY) closed a bearish weekly candle like this was in November 2022, it signaled further downside for DXY and marked the #BTC bottom of that cycle. π
#Dogecoin daily candle closed with a Dragonfly Doji π₯
Since the doji in $Doge is at the bottom of a downtrend, this signal indicates the market will start strengthening and reversing back UP.
#Bitcoin could potentiallySurge soon π₯
$DXY has shown a head and shoulders pattern, with a failed attempt to break the last high.
This same pattern occurred in early 2020 and then $BTC moved significantly upward π
$MNT presents an Accumulation Opportunity π₯
The RSI moving average indicates $MNT is entering an Accumulation Zone.
This zone previously yielded HUGE profits for investors in the last two times this signal appeared. π
@Mantle_Official
#Bitcoin may trend higher as $USDT dominance ($USDT.D) moves downward below a resistance trendline.
$BTC and $USDT.D are inversely correlated, as shown on the chart.