Huge pump ahead !
Hello ,
OK.. I can not believe my eyes ...
This is escalating much quickly than expected !
You could see the bullish cross for the DXY ( the dollar index) back in Jun 2021 , and you could see what is going to happen now.
Beside the indicators DXY has already broke down even the 107 level ! I 've expected to see at least a small bounce of it (acting as a support) , but no ! It broke down like nothing!
What that means ? Why am I so focused on it ?
Well , that means that hundred of billions are going into assets right now ! They won't stay in dollars anymore .
Yes some of them are going into other currencies like EUR ( 1.5 % up today ) and CHF (2.4 % up today )
But most of them are going into ASSETS - like Gold , stocks and... guess ....CRYPTO !
The manipulation ( ohh yes it was) during last days is nothing but a try to make you sell the bottom , so the big guys could buy more !
Yes they do it on the top , and they do it on the bottom also . Manipulation and no other word about it.
Let me be wrong , let me be wrong AF
But I do expect some nice serious pump for the crypto market in the upcoming weeks.