DXY Falling - Crypto and Bitcoin Rally vs Crash DXY Zones
The market market rally has been fueled by the dropping DXY, but it's now close to important support.
Will the DXY rally from here?
Are we being setup for a disappointing FOMC announcement that could crash the markets, and see the DXY shoot higher?
Or are we about to see a DXY breakdown here, and a 'Melt Up' situation in crypto -- before seeing another leg down in Q2 as the economy cools and the Recession really hits home?
Either scenario is possible.
Follow the DXY for clues.
Here are my Rally vs Crash zones based on the daily DXY.
Comments welcome below!
Will the DXY rally from here?
Are we being setup for a disappointing FOMC announcement that could crash the markets, and see the DXY shoot higher?
Or are we about to see a DXY breakdown here, and a 'Melt Up' situation in crypto -- before seeing another leg down in Q2 as the economy cools and the Recession really hits home?
Either scenario is possible.
Follow the DXY for clues.
Here are my Rally vs Crash zones based on the daily DXY.
Comments welcome below!
23-year investor, trader, and early investor in Bitcoin & crypto.
For more information visit:
Moonstream Crypto: www.Moonstream.io/M3
Custom Indicators: www.CryptoMastery.org
Blood in the Streets Report:
www.moonstream.io/report
For more information visit:
Moonstream Crypto: www.Moonstream.io/M3
Custom Indicators: www.CryptoMastery.org
Blood in the Streets Report:
www.moonstream.io/report
