Playing around with this macro idea.
Last time dollar topped out was the start of the bullrun on btc .
Rate cut is expected today with the FOMC so potentially top could be in for the dollar.
This is a highly speculative idea, more a theory. Will take some time to see if this plays out, not a single event that will define this imo . There is more at play on the macro level regarding the dollar, stuff that i dont know much about.
So just a though, posting this to see how it will play out
Last time dollar topped out was the start of the bullrun on btc .
Rate cut is expected today with the FOMC so potentially top could be in for the dollar.
This is a highly speculative idea, more a theory. Will take some time to see if this plays out, not a single event that will define this imo . There is more at play on the macro level regarding the dollar, stuff that i dont know much about.
So just a though, posting this to see how it will play out
Comment:
Some doubt about the validity of this idea comes from dollar liquidity issues which might push the dollar higher. Something to consider.