Bitcoin Super Cycle Theory Based on USD Index: BTCUSD by TradingShot – Technische Analyze – 2023-02-01 22:41:09

This isn’t the first time we’ve looked at the supercycle theory, which is the idea bitcoin ( BTCUSD ) had just completed its second course instead of the traditional understanding of the four courses run by Halflings.

However, this is the first time we’ve seen it using US dollar index ( DXY ) and our favourite CN02 / share 20Y CN (Chinese bond yield 02Y / 20Y). As you can see in this 1W graph, this connection is really interesting because it effectively paints the picture of the two superbikes.

the DXY The (strong) pullback shows that we have passed stage (6), which is the bottom of the Supercycle, and entered the rally stage. highest altitude in CN02 / CN20Y shows that we may be much closer to the beginning of the parabolic segment than we think. if DXY Extending its violent decline, it will confirm the last view but recovery and stabilization for several months (on DXY ) will take us more smoothly to the assembly stage.

Do you agree with the super cycle theory based on the US dollar? Please let us know in the comments section below!

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