U.S. Dollar IndexUpdated DOLLAR CURRENCY INDEX
2 scenarios maybe in the play for DXY:
1. DXY to the roof. The same as 2008, while Stock Price crashed but Oil price to the moon. Fed increased rate hikes to 75 basis point, inflation is getting out of control. Then we see 50% drop in stock market. While the whole idea of Bitcoin is to avoid this type of situation but many investors are in both stocks and crypto. Hence, the de-risk will be the biggest factor to cause Bitcoin to collapse as well.
2. Many countries are adopting Bitcoin. Hopefully, they are aggressively with Bitcoin Standard avoid Petro-war-dollar controlling them.
1. DXY to the roof. The same as 2008, while Stock Price crashed but Oil price to the moon. Fed increased rate hikes to 75 basis point, inflation is getting out of control. Then we see 50% drop in stock market. While the whole idea of Bitcoin is to avoid this type of situation but many investors are in both stocks and crypto. Hence, the de-risk will be the biggest factor to cause Bitcoin to collapse as well.
2. Many countries are adopting Bitcoin. Hopefully, they are aggressively with Bitcoin Standard avoid Petro-war-dollar controlling them.
Note
Keep falling you dirty dollar. Bitcoin is the way
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