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Weekly Crypto Forecast (March 13-17, 2023)
Today’s weekly crypto forecast covers the DXY, S&P 500, BTC, ETH, and VET. Bitcoin is up an impressive 20% in the last 24 hours. However, the S&P 500 closed below its all-time high trend line on Friday and is flirting with an even more significant breakdown today. And all of that is occurring while the DXY tests its yearly open. So what does all of that mean for crypto? I share my thoughts in the video below, but remember to scroll down for more annotated charts. DXY is testing a significant support level today at 103.50. That’s the yearly open for the dollar index and an area that’s been influential since ... (full story)
