US Dollar Index (DXY) The DXY is still coming off of the 94.6 | Crypto Heaven

US Dollar Index (DXY)

The DXY is still coming off of the 94.60 resistance level that I’ve discussed for the last few weeks. I also mentioned the bearish rejection candle on Friday.
USD weakness is nice, but we need that close below 93.50 to secure the breakdown.
As you may well know, a weaker US dollar would only benefit Bitcoin, and thus the rest of the crypto market.
For now, we’re just waiting to see where the DXY goes from here. 94.60 remains intact as resistance. And as I mentioned, a daily and especially weekly close below 93.50 would secure the breakdown