Bullish "W" on the DXY indicates borrowing costs to increase (See Evergrande & US Debt) and crypto to fall. A rising and strong dollar will pop the "bubble" and create an initial deflationary trend followed by the stagflation the Fed desires.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.