๐๐US DOLLAR vs BITCOINโ๏ธ๐ (Reverse will accelerate)
First of all let's start with the Dollar Index Chart:
Unlike Crypto, the DXY is a nice 'Forexy' chart that allowed me to go Long on USD in Dec 2020:
At this stage DXY has been rejected as you can see on my chart and I expect a drop to accelerate. With the FEDS taking it easy on Hikes (3,5-4% is nothing!) and the rest of the Central banks hiking now as well- fundamentals seem to agree with the chart.
๐Bitcoin just over 20k (24k now)- It reminds me of the Last time i called it a King at around the same levels just over 20k back in December 2020:
One Love,
The FXPROFESSOR
Dollar is King (and Wolverine as I like to call it since they print more and it goes up) but the New King is BITCOIN ๐ (Hulk Smash!)
Unlike Crypto, the DXY is a nice 'Forexy' chart that allowed me to go Long on USD in Dec 2020:
At this stage DXY has been rejected as you can see on my chart and I expect a drop to accelerate. With the FEDS taking it easy on Hikes (3,5-4% is nothing!) and the rest of the Central banks hiking now as well- fundamentals seem to agree with the chart.
๐Bitcoin just over 20k (24k now)- It reminds me of the Last time i called it a King at around the same levels just over 20k back in December 2020:
One Love,
The FXPROFESSOR
Dollar is King (and Wolverine as I like to call it since they print more and it goes up) but the New King is BITCOIN ๐ (Hulk Smash!)
๐ BitMart VIP: bitmart.com/invite/FxProfessor/en-US โ Find details on fxprofessor.com
๐ CRGPT Token: Join the Crypto AI Revolution cryptogpt.io/
๐ Public Telegram: t.me/fxprofessor88
๐ CRGPT Token: Join the Crypto AI Revolution cryptogpt.io/
๐ Public Telegram: t.me/fxprofessor88
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