作者：NewsBTC - 2 年前 - 阅读时间：3 分钟
Is The Dollar Index Making New 2021 Highs Dangerous For Bitcoin?
最近股市和宏观世界的紧张情绪导致美元飙升至2021年新高，正如 Bitcoin continues to set new records.
但美元的觉醒对于加密货币来说是一个危险的局面，还是有其他事情正在发生？
DXY 触及 2021 年新高，BTC 几乎没有反应Bitcoin price is in price discovery mode, after breaking its former high set earlier in the year. The cryptocurrency is pitched as a replacement for gold, and even the dollar – the current global reserve currency.
Cryptocurrencies, commodities, and everything else are priced in dollars as the most dominant currency acting as the base conversion rate. This means that Bitcoin price increases inversely to the dollar on the BTC/USD trading pair.
Related Reading | 10 Bullish Monthly Bitcoin Price Charts To Start November
So it is unusual that Bitcoin continues to tap new highs all while the DXY Dollar Currency Index has reached the highest level of all of 2021.
The dollar currency index has reached a new 2021 high | Source: DXY on TradingView.com The Dollar Strength Keeps Bitcoin Price At BayThe DXY is a weighted basket of forex currencies trading against the US dollar (USD). That basket includes major trade partners, the Euro (EUR), Japanese yen (JPY), British pound sterling (GBP), Canadian dollar (CAD), Swiss franc (CHF), and the Swedish krona (SEK).
The highs in the DXY could be indicative of weakness in the currencies in the basket, or strength in the dollar itself. Bitcoin’s current performance or lack of strong reaction after new highs, could more so be due to strength in the dollar holding the cryptocurrency back.
Not every touch of this trend line has been pleasant. | Source: BTCUSD on TradingView.comBoth assets making yearly highs is highly suspect, and could suggest a bigger reaction brewing in one or both sides of the BTC/USD pair. Bitcoin price also happens to be touching a trend line where such a reaction occurred in the past.
Related Reading | Want To Learn Technical Analysis? Read The NewsBTC Trading Course
An uptrend is defined as a series of higher highs and higher lows – something characteristic of both assets in the short term. What is very different between the two, is the longer term trend. For Bitcoin, the primary trend has been up while for the dollar has been down.
One of these assets is in an uptrend, the other is not | Source: BTCUSD on TradingView.com在这一短期走势完成后，每种资产都应该恢复之前的轨迹，除非趋势准备好在未来很长一段时间内发生变化。
As bullish as I am on #Bitcoin, I can’t shake seeing this trend line touch. It’s worth some caution. I’ve added a Black Thursday fractal to convey the danger. If this happens, it just means a later and higher peak for the cycle. I still aim for sooner than later tho! pic.twitter.com/fPd7faDZb5
— Tony "The Bull" Spilotro (@tonyspilotroBTC) November 11, 2021
在 Twitter 上关注 @TonySpilotroBTC 或加入 TonyTradesBTC Telegram，以获得独家的每日市场洞察和技术分析教育。 请注意：内容具有教育意义，不应被视为投资建议。
iStockPhoto的特色图片，TradingView.com的图表原始来源： NewsBTC