Introduction of DXY:
*DXY* is not a crypto currency coin but it play an important in rule in $BTC Dominance. You can watch DXY graph on website, where you take the analysis of trade. I cannot write the name of this website but everyone knows. In all coins search bar, you just type DXY and watch the graph of it. Co-relation of BTC and DXY:
Basically, the concept and co-relation of $BTC and *DXY* is that: when DXY get crash, then BTC get support and its market get pump. Advice about it:
You can personally experience that think and check it. The co-relation of DXY and BTC is mostly work on larger time frame like 4h to 1weak but i mostly recommend 4h and 1day time frame. This co-relation is mostly work on support and resistance otherwise, may be useless. So, i recommend you please work on support and resistance for better result. This co-relation is not for 1 or 2 candles in 1day or 4h time. This co-relation is only for long term market price.
Conclusion and Message:
I thing this may you help in $BTC trade. In last, comment section is open for all.
Following is the example of whole discussion:
