DXY down = Risk-on assets thriving such as Bitcoin and crypto
The DXY/#DOLLAR on the daily shows like the 10 YR yield a bearish divergence.
Weaker dollar and USA yiels = good for risk-on assets like #Crypto and BTC.
Just a matter of time when #ALTSEASON comes.
Weaker dollar and USA yiels = good for risk-on assets like #Crypto and BTC.
Just a matter of time when #ALTSEASON comes.
Trade active
And there is goes! DXY/Dollar dumping since the mention via this post. Stocks and crypto are surging. Congrats to anyone who took this trade.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.