DXY + 10Y TANKING = BULL MARKETAs expected, the DXY is TANKING alongside the 10Y, and the WMA9 is finally breaking below the 20.
This combo is turbo juice for markets, as it allows Central Banks around the world to stimulate and opens the door for more growth in the US economy.
Ignore asset prices.
Focus on the macro.
This is a leading indicator.
HODL.
Wma20
DXY Falling Below $106 - Cue AltSeason in March!The biggest shock to everyone is going to be the price of CRYPTOCAP:BTC going DOWN while ALTS skyrocket 🚀
As I have discussed in my macro thesis, the TVC:DXY is FINALLY breaking down on the Weekly along with the 10Y.
RSI has topped and Price broke below the WMA9 & 20.
Just waiting on the WMA9 to break below the WMA20 for final confirmation.
Historically when this happens...
it’s ALTSEASON BABY!!! 🥳
After this happened in March 2017,
BTC and ALTS pumped together,
then BTC went down 33% while ALTS exploded higher over a 3 week period before BTC rallied alongside again.