A new week for the markets. While Donald Trump is expected to take office on January 20, the rise in the US dollar index on daily charts has caused Bitcoin and various commodities tied to American stock markets to fall.
FED and US dominance in the markets
Especially the Greenland and Canada incident in global markets, the fact that geopolitical risks will concern not only small investors in America but also long-term investors, has caused many investors to expect a decline in the markets in their decision-making mechanisms.
Spot DCA support resistance points
If we consider that especially artificial intelligence stock market robots use DCA, i.e. Dollar-Cost-Averaging averages when determining short and long targets, it is particularly striking how much they make the Bitcoin cost and how far the DXY, i.e. dollar index can and will go.
I especially recommend that you examine the DXY – BTC charts as an article. In particular, the status of the DXY – BTC index will help investors in determining whether leverage will explode in short positions.
investopedia.com/terms/u/usdx.asp
