The Global Net Liquidity index is breaking out of its multiyear downtrend channel on the back of a weak 
DXY dollar. Altcoins like 
ADAUSD and other risk assets historically wildly outperform during Global Net Liquidity uptrends and dollar debasement cycles. As the business cycle heats up with ISM Manufacturing PMI 
USBCOI rising above 50, expect altcoins to gain relative strength to 
BTCUSD and a Bitcoin Dominance
BTC.D collapse into the 35-45% range.
This is your last chance.
DXY dollar. Altcoins like ADAUSD and other risk assets historically wildly outperform during Global Net Liquidity uptrends and dollar debasement cycles. As the business cycle heats up with ISM Manufacturing PMI USBCOI rising above 50, expect altcoins to gain relative strength to BTCUSD and a Bitcoin Dominance BTC.D collapse into the 35-45% range.This is your last chance.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.