Effective Arbitrage Hedge #BTCUSD vs. #USD Strategy Pays Off

This strategy has been very effective as the USD continues its decline in spite of a short-lived recovery from below 100 and back to the 101.76. And again back down retesting the 100 levels;  apparently influenced and still drifted lower as US Treasury yields did the same. The basis of the DXY then at 103.55/82 has indeed served as the primary resistance before the USD continued its decline as we defined it in our previous reference below.

With that said, this strategy provided BTCUSD an opportunity to recover back above the USD1000 after a heavy sell-off from China's crackdown on the major Bitcoin exchanges. Yet, the GBTC fund still trails behind the BTCUSD as it only represents a fraction of the actual Bitcoin prices in the market. This is just one way we measure the CORRELATION and applying the appropriate strategy in certain market conditions.

Comparative Analysis: Applied Strategy
Reference to DX Futures: https://plus.google.com/u/0/110704191161245097602/posts/G6LLdvHeKop

CLOUD CHART
DXY
https://s.tradingview.com/x/H113woZ7/
BTCUSD
https://s.tradingview.com/x/QvihgJJy/
GBTC
https://s.tradingview.com/x/V0IaOUAA/