DXY BTC no longer inversely correlated (Patreon)
Published:
2022-09-27 00:49:54
Imported:
2023-01
Content
Normally, as the DXY rises, Bitcoin falls. The last 7-8 days they both ran up the same percentage. This is good news. But I am pretty much certain that the money flow is most probably not American money but those European economies and even Asian currencies are probably plowing into bitcoin as a hedge right now. I will confirm that tomorrow.