Your short term technical analysis will be wrong next months
Your DXY/SPX;BTC corelation will not make any sense
Your ‘recession’ arguments will be flushed away
Your ‘sideway movements’, chop-chop, ping-pong charts will be drawings of a 4 year-old
See DXY pumping and BTC going parabolic for 2 months (2019)
FED interest rates where on pause
So no, DXY matter onlye because monetary policy matter and also demand for $
The market never misspriced, it reprices
Hawkish FED was in 2022 and also 2018
After those times market reversed into periods of bullishness. It happened 100% of the time for 100 years (see FED monetary policy vs market pricing)
It’s like the market fights every monetary policy decision.
‘But bro they said higher for longer’
Watch ‘95-‘00 higher for longer on interest rates (450-600 bps) and see SPX performance (3x)
But also check 1100% returns on NASDAQ, same period
‘WHAT??’
Watch FED interest rates historically and see
Everyone predicts a black swan
BTC is preparing for some months now
But if you fell asleep during March ‘20 the trend was clear, as for 2016 and also going through ‘23-‘24
Everyone will keep being surprised
From the last 3 FED hikes (50, 25, 25 bps) - BTC is at 2x already
Next year would bring some big drawdowns, but this is a good reason to restart heavy money printing
But until then, BTC & SPX ATH
And this is the continuation I see for the secular bull until real reset could be on the table
1 decade of preparing. Go!