Dollar is rocketing, and will still do. BTC has no new buyers, only the old one which has already bought or FOMOs that haven't bought when price was low, and missed the bubble, now thinking there will be second. Well, relax, price will get even lower, much lower, you'll have a perfect chance to buy cheap. News pour in favour of the dollar. 15 years of fear of dollar collapsing has sibsided on Apr-2011 with the first "lower low" of the fear mania when Gold has exploaded: www.google.com/trends/explore The second "lower low" (a Confirmation) happend on April 2014 and correlated perfectly with a burst of selling on all major currencies against the dollar. USDCHF has change of major trend on weekly, ti bullish. There's and extremly beautifull bearish divergence on the monly chart of EURUSD. Look to it. Offshore chineese yuan also suffers heavy losses agains the US currency. Ruble also. Gold, Silver and Oil too. For BTC: It's just a matter of time that arbitrage forces bring BTC/USD down too. And this time the down-move will trigger large selloff, due to breking an important support zone. It's slower. It's just that the arbitraging with BTC exchanges is still rudimentary. Santiment worldwide is extremely positive for dollar now, 15 years ot tech analysis points to change ot fundaments towards dollar now. Stock and bond markets seems unaffected by now. we'll see what will happen next. I still think there will be a delayed negative reaction there. some bulls haven't realized what's going on yet, and that there's nothing to sustain the long term uptrend in stоcks and bonds. For now 1 is certain - buy dollars sell everything else, THERE IS A BIG MOVE still to come for the dollar. The easier is probably if you buy the DOLLAR INDEX.
Buy dollars for now. Wait for Silver to drop down to 9, then sell the dollars and buy Silver.
Buy dollars for now. Wait for Silver to drop down to 9, then sell the dollars and buy Silver.