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Dollar Index and Btc

jack333

Published: 27 Aug 2022 › Updated: 27 Aug 2022Dollar Index and Btc

Dollar Index and Btc


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When dxy goes up, gold and btc go down is the norm. dxy goes down, that should benefit gold btc and so on. by decoupling i just mean that this relationship might get weaker at some point. Not at all trying to be like some youtubers that claim btc is hedge agains traditional finance, that is just wrong. All I am saying is that a.) If traditional finance gets really bad, inflation and recession and all that but b.) btc and maybe more important some alts that see adoption in industry levels (for example gaming) we come to the situation where there would be more money in-flow to cryptos in general compared to level it is now on bear market. So the point is that there is a possibility - however slim - that this relationship with dxy and cryptos might get weaker if prolonged recession hits for example. It'll not go away but it might not be that strong or straightforward when time goes by .

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