Long the fuck out of BTC
Long the fuck out of BTC
Liam Gonzalez
Other urls found in this thread:
macrotrends.net
twitter.com
Oliver Nguyen
Checked but your dubs confirm DXY bottom is 88.
Robert Phillips
I don't think it is, but could you explain why?
Ian Lewis
It bounced off support today, for now. If it goes up even 1 cent it could be enough to send btc back to 12k support.
Sebastian Turner
It might bounce but it still looks bearish as fuck to me I would've guessed it would crash hard to about 78 following the overall trend
Sebastian Ward
Because Kek has spoken to You
And this
DXY has been falling for a little bit now, conversely BTC has been rising and is a little overheated rn
It is so cool that we are actually talking about BTC in terms of the DXY now legitimately
A few years ago that kind of shit was laughed at, and rightly so at the time
Thomas Rodriguez
More like get the fuck out of BTC
Leo Roberts
So even though they printed all that USD a few months back the DXY is supposed to shoot up?
Grayson Reed
They didn't really "print" the money, unless you have a source that I'm unaware of
The Fed just puts money in the accounts of the big banks, the primary dealers, which they may or may not use to prop up the economy and protect their investments as needed
(Among a whole list of other similar practices)
Of course the buck ultimately ends up on the Fed's balance sheet, but that is not "touched" by the real economy until they start to try and unwind it, or the whole thing becomes insolvent
Logan Ward
Daily reminder there are people doing TA like that, you really need to commit yourself to do worse than these guys.