Few people analyze the $DXY and the strength or weakness of the Dollar against a basket of assets. Its interpretation is very simple and straightforward. The $DXY, which you can find by searching for the ticker DXY, is considered unfavorable for risk markets when above 100—and thus negatively impacts $BTC Bitcoin, especially affecting the Nasdaq 100, albeit to a lesser degree. That’s why, in the chart I’ve shared—on a 4-hour timeframe for this index—if you take a moment to look, you’ll see it’s currently closing at 100.16, with a high of 100.46. Right below it, I’ve placed the Linear TSI indicator at 0.52, which on the 4-hour timeframe indicates that momentum is weakening. The red color signals that the dollar is losing strength or shifting capital to other markets—this is the only positive takeaway, as the TSI line has been declining since 0.80. The strong dollar is still present; only its vertical surge has paused. Until the DXY falls below 99.96, Bitcoin and duration won’t have any real tailwind. This is not investment advice—it’s part of an analysis of the asset basket that constitutes the $DXY and upon which it is backed or undermined, as it’s termed in blockchain jargon. #DXY #BITCOIN #TradingView #Stablecoins #moneymarkets #blockchain #crypto #learning #trading #tradfi