A weaker dollar is good for Bitcoin. Let's see if the dollar gets weaker after inauguration.
My belief is that it will weaken and risk assets/S&P will continue to trend upward.
My belief is that it will weaken and risk assets/S&P will continue to trend upward.
Note
This dipped into /after inauguration but I don't expect DXY to go down easy. This could take a month to play out. Expect some upside in the short term. Trade active
accurate so farmakes sense to want a weak dollar for export purposes (see China since 1994)
Still too early to tell if this is the case
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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.