Biden just announced 5 mins ago that the Infrastructure Bill has bipartisan support and will pass a vote on House floor today. This means that trillions of capital have just been unlocked and this means the money has to be printed out of thin air - this is real velocity of money - expect the DXY to continue its trend lower and BTC to trend higher and likely test the $44k trendline before a retracement.
DXY - Immediately sells off when Biden announced that the infra bill has bipartisan support in Congress:
DXY - Immediately sells off when Biden announced that the infra bill has bipartisan support in Congress:
註釋
Powell just stated they will run inflation hot until Max Employment is achieved. He said in last meeting Max Employment is when Unemployment is at 3.2% ... current Unemployment rate is 5.8% .... long way away still註釋
There is a bearish hanging man candle on 1H timeframe - something to be aware, might get a short term downswing before going higher:
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