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Waiting for this crypto bull run 🐂🚀💰💰💰 by @_wolftalk
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6 years ago
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I’ve been charting the U.S. dollar for years, and right now we’re at a critical point. This is one of those moments where global policy and price action line up and that’s usually when the big move shows up.

On the macro side, markets are watching whether U.S. and Japanese officials step in to help support the yen. If that happens, it could add more pressure on the U.S. dollar.

If the dollar breaks below 95 on the DXY, the chart suggests we could see more downside. 📉📊

If the U.S. dollar keeps falling toward 90 on the DXY, it means the dollar is getting weaker. When that happens, gold and silver often go up because they’re priced in dollars.

Stocks can go either way a weaker dollar can help big companies that sell around the world, but a fast drop can also worry investors.

Crypto often gets a boost too, as some people look for alternatives when confidence in the dollar drops.

So it’s not just a chart move it usually reflects a shift in how money is moving around the world.

#FinancialFreedom #EntrepreneurLife #WealthMindset #MillionaireMindset #BusinessMotivation by @_wolftalk
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9 months ago
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