Dollar 18-Month High: My Bitcoin Trade Plan for CPI Week

The dollar 18-month high is the main reason Bitcoin dipped to start the week. Right now, the Dollar Index (DXY) trades near 102.2, up from about 98.8 in early September. Meanwhile, BTC sits around $82.6K as I write. A stronger dollar usually pressures Bitcoin, and Wednesday’s CPI report decides what happens next. So this post covers three things. First, the macro calendar. Then, the chart levels. Finally, my own trades and the BTC long I’m stalking. Why the Dollar 18-Month High Matters for Bitcoin Bitcoin is priced in dollars.