eldoradoBTC on Nostr: DXY cycles are a good indicator for me, and DXY velocity is very telling. Monopoly ...

DXY cycles are a good indicator for me, and DXY velocity is very telling. Monopoly game. Bear markets coincide with strenghening of the dollar relative to major currencies, whereas bull markets coincide with weakening of the dollar. Now, even though there might be a vol spike in MOVE coming and a vol spike for bitcoin, US dollar is likely to be weakened afterwards with a cycle of interest rate cuts. If the thing goes the other way around which i don’t think is possible to suck more air out of the room in terms of liquidity and strenghening the dollar, then the cycle is over. Let us see! 👀 indeed a historic time to be alive with the sovereign debt bubble popping in front of our faces.