Bitcoin is potentially on the brink of a surge to $100,000 and market sentiment is changing accordingly. However, the altcoins are still fairly flat in the main, so what might be in store for them?

DXY loses important price structure support

Source: TradingView

The US Dollar Index (DXY) is a good chart for crypto right now. When the dollar is strong this is generally not a good environment for crypto, while the inverse works just as well. The weekly chart above shows that the DXY has suffered a structural break to the downside. While there is the potential for a small recovery, it might be expected that the DXY will generally continue on down, providing a boost to risk assets such as the crypto market.

S&P 500 heading back above $6,000?

Source: TradingView

The S&P 500 is the …