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🚨 $DXY vs Risk Assets
I see some influencers talking about $DXY breaking out, and saying this could be bad for risky assets like #Crypto.
Personally, I disagree at least in the short term.
I actually see $DXY dumping again, which could trigger a temporary relief rally in risk assets. 📈
Because of that, I feel $BTC might create another bull trap first before eventually forming a new lower low.
Just my 2 cents, but I think this entire move could play out around the end of this month.
#BTC #Crypto #Bitcoin #DXY #CryptoMarket #Trading #Altcoins