$BTC has been trading sideways for two weeks now. If you haven't ventured into the crypto world since November, you should know what this means.

A big move is about to happen, but will it go up or down? Once again, it all depends on economic data (our CPI is at 2.8%, as projected—nothing special at that) and, especially, the Dollar Strength Index. I will keep repeating it until bored.

The latest example? Today, all altcoins soared (well, except $XRP, but that's in my previous post). Even Tesla and Nvidia were in the green zone for almost the entire day. Everything looked bright, and retail was getting very excited...

Then, suddenly, the DXY moved slightly, crossing the level I had been watching as a confirmation level for the breakdown of the Rising Wedge (thick blue horizontal line, just below the current price—see the chart for details). And almost all crypto was rejected at its resistance. Tesla and Nvidia turned back to daily losses.

That's not what we wanted, as the DXY only trades Monday-Friday, so we will be stuck with whatever closes today over the weekend.

You really need to start paying attention to the DXY.