DXY is inverse correlate with BTC price.
When the $ is crashing (or slowly grinding) the BTC price is going parabolic (or performing well).
The assets that have a high risk (crypto) are not performing very well when the $ index is rising.
Best strategy now is to be patience and zoom out.
Even if the recession is confirmed, we'll have the best buying opportunities of the lifetime no matter what.
The fear and downtrends always are followed by greed and uptrends.
The question is, how long this downtrend will take?
When the $ is crashing (or slowly grinding) the BTC price is going parabolic (or performing well).
The assets that have a high risk (crypto) are not performing very well when the $ index is rising.
Best strategy now is to be patience and zoom out.
Even if the recession is confirmed, we'll have the best buying opportunities of the lifetime no matter what.
The fear and downtrends always are followed by greed and uptrends.
The question is, how long this downtrend will take?
