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!)
โจ๐ฆ ๐๐ CRGPT Token : Join the Crypto AI Revolution ๐ www.cryptogpt.io/
๐FOREX SPECIAL: fxprofessor.com/forex-special ๐ก๐๐ฌ Public Telegram: www.t.me/fxprofessor88 ๐
๐FOREX SPECIAL: fxprofessor.com/forex-special ๐ก๐๐ฌ Public Telegram: www.t.me/fxprofessor88 ๐
