The DXY has been showing a lot of Bullish momentum. This could be altered at the 110 resistance level IF price reaches those heights.
There's nothing certain in the markets, the price could range for years...
It could tumble or it could rally... There's nothing that's perefect!
In my analysis and global climate, it seems that the fall of the dollar will coincide with the rise of Crypto... This trade means that I'm bullish on crypto but I haven't been convinced to trade just yet!
The market sentiment is shaky on the dollar because of the climate of inflation.
The general outcome of the trade will affect all other assets.
In this hypothesis, Crypto will go a little lower before it rallies to greater heights. If the dollar keeps going up, the coins will keep going down. The question is, will the future digital currencies be beat by the old and inflated fiat currencies? That's the trade thesis and it's opening a lot of opportunities in unexplored territories!
Let's make money, make money!
There's nothing certain in the markets, the price could range for years...
It could tumble or it could rally... There's nothing that's perefect!
In my analysis and global climate, it seems that the fall of the dollar will coincide with the rise of Crypto... This trade means that I'm bullish on crypto but I haven't been convinced to trade just yet!
The market sentiment is shaky on the dollar because of the climate of inflation.
The general outcome of the trade will affect all other assets.
In this hypothesis, Crypto will go a little lower before it rallies to greater heights. If the dollar keeps going up, the coins will keep going down. The question is, will the future digital currencies be beat by the old and inflated fiat currencies? That's the trade thesis and it's opening a lot of opportunities in unexplored territories!
Let's make money, make money!