Cash is the KING.
had to chart this on HTF as i am hearing & reading loads & loads of msgs about next RECESSION OR CRASH!! Dollar is gonna die blah blah blah.
Expecting a good bounce to at-least red zone then decide either this will break up or down.
Support held nicely, possibly forming an ascending triangle, fibs held strong as well, Rsi also had somewhat smaller but bullish divs nonetheless
If dollar starts rallying we will see #Bitcoin tumbling soon, will be surprised if both DXY & BTC keeps going up at same time!
i am all for Bitcoin being the new Universal currency but we need real adoption & as long as people have faith in USD there is no stopping it.
had to chart this on HTF as i am hearing & reading loads & loads of msgs about next RECESSION OR CRASH!! Dollar is gonna die blah blah blah.
Expecting a good bounce to at-least red zone then decide either this will break up or down.
Support held nicely, possibly forming an ascending triangle, fibs held strong as well, Rsi also had somewhat smaller but bullish divs nonetheless
If dollar starts rallying we will see #Bitcoin tumbling soon, will be surprised if both DXY & BTC keeps going up at same time!
i am all for Bitcoin being the new Universal currency but we need real adoption & as long as people have faith in USD there is no stopping it.