#DXY - Dollar Index Breakdown Confirmed 📉
The $DXY keeps sliding after a clean retest of the triangle.
That’s fuel for risk-on assets like #Bitcoin and stocks. 🚀
#DXY - Dollar Index Breakdown Confirmed 📉
The $DXY keeps sliding after a clean retest of the triangle.
That’s fuel for risk-on assets like #Bitcoin and stocks. 🚀
When the $DXY drops, $BTC moves higher, but with a 119 day lag, every single time.
We are exactly at the 119 day mark now.
This time won’t be different!
The $DXY just fell below 100.
Here’s what it means: 👇
• A weaker dollar boosts global liquidity, making money flow more freely across markets.
• Historically, this is bullish for altcoins as investors seek higher risk, high reward assets.
Dollar weak = crypto strong.
People have somehow flipped bearish here:
- Truflation is way below 2%
- Rate cuts are coming.
- The $DXY is crashing.
- Tradfi adopting crypto.
- New pro-crypto U.S. government.
When in doubt, zoom out.
$DXY dollar approaching key resistance I think that next week we will have rebounds across the entire crypto line but it doesn't matter you know what I'm doing ... spot and relax (more down, buy more)