WILL POWELL AND DXY RULE THE MARKETS THIS WEEK?

WILL POWELL AND DXY RULE THE MARKETS THIS WEEK?




Today I’m going to talk about the upcoming FOMC meeting and the rising DXY. Bitcoin and Crypto News. New CryptosRus Clips …

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  2. Crypto dudes remind me of the old boomer gold bugs. Sitting around for years (and in the future likely decades) just waiting for the price to move. Like really old guys that wasted their lives hoarding dusty, rusty metal in their closet safes that remained basically worthless since the 70s. Crypto reminds me of the same thing with a different medium.

  3. Are people just repeating the DXY narrative?? Someone go plot the inverse DXY against BTC and box in areas where they go in opposite directions. It's out of phase half the time. I get the general concept that if people are going from assets to dollars it increases demand for the dollar and thus the value, but DXY is compared to a basket of other currencies that can suck ass faster than USD. And the chart doesn't lie. Graph it before you repeat it. Man, I hope the DXY comes crashing down and BTC rockets, but people act like there's some great inverse correlation and there just isn't.

  4. There is only one thing that really matters to all markets right now….the Fed! Brace yourselves coz it looks more like a hard landing!

  5. After the bond crash & the breakout of a 40 year down trend by the 10 year treasury NOTE yields (TNX) we are in a confirmed recession so every asset class is going to dump as large corporations will be selling to raise liquidity because of the interest rate hike.

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