# Dollar

#Dollar continues its decline with #DXY sinking towards long held support (since 2009 Financial crisis)
This decline correlates with positivity for risk assets #BTC & #ALTs in the short term and if the $Dollar decline continues then we should see further #Crypto appreciation

💵 Dollar bottomed at 96, reclaimed 98.5, and bulls are eyeing $100. Multi-year support held perfectly. Falling wedge breakout + bullish divergences = potential double bottom setup. Most traders are missing this macro shift.
#DXY #Dollar #Forex #TradingView #MacroEconomics

$80 million #Dollar crypto heist?
PROOF somebody knew the tariff announcement was coming and PROOF that the #tariffs caused the #BTC & #Crypto selloff.
#CORRUPTION AT THE HIGHEST LEVEL IN US GOVERNMENT!!!!!
President #Trump#, the buck stops with YOU

#Dollar Index collapsing towards and possibly through support of the long held parallel channel since 2009.
#DXY weakness is reflecting the outlook for lower US interest rates probably from the September #FOMC meeting.
#Crypto #BTC are beneficiaries for now but if economy weakens too much then lower rates may not save the day.
Remember, a $BTC selloff could spark another severe correction if #Strategy was to become 'unstuck' with their leveraged #BTC holdings

Some short term #Dollar weakness may spur #BTC #ETH & #ALTs higher until #DXY has retested support at the blue channel line below.
The stronger Dollar that likely follows would not bode well for risk assets longer term