US Dollar on another run, breaks downtrend with possible retest.
Dollar index is rising once again. This puts pressure on assets like Bitcoin and other crypto currencies. Crypto has definitely experienced an influx of new investors and is quite worrying based on the news articles projecting almost guaranteed gains 100K+ going into the Bitcoin halving. Whenever you see people so sure of themselves willing to put their words to print in the news it's cause for concern.
If you look at USD/JPY that chart tells quite a story on the future of USD pressure against the Yen.
If you look at USD/JPY that chart tells quite a story on the future of USD pressure against the Yen.
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