Finally saw bottoming as stock market contiues to rise strong. Btc stuck between 26k and 27.4 on a tight range.
Dxy usually is a big signal for traders on stock and crypto direction.
Is this early warnings signs to what is to come?
Big money playing cash while investors squeeze the last bit they can out of tech ?
This will be interesting as DXY reaches 104.6 which is a large reistance. Will dxy setup a massive W pattern reversal after retesting its base long term resistance, or is fears of bank failures, rate hikes, and inflation climbing not enough to knock down the prices as SPY pushes 4200 key key reistance.
This will be interesting keep close eye on these coming weeks, a lot can turn around fast if this DXY keeps on pushing up
Dxy usually is a big signal for traders on stock and crypto direction.
Is this early warnings signs to what is to come?
Big money playing cash while investors squeeze the last bit they can out of tech ?
This will be interesting as DXY reaches 104.6 which is a large reistance. Will dxy setup a massive W pattern reversal after retesting its base long term resistance, or is fears of bank failures, rate hikes, and inflation climbing not enough to knock down the prices as SPY pushes 4200 key key reistance.
This will be interesting keep close eye on these coming weeks, a lot can turn around fast if this DXY keeps on pushing up