What I'm watching... 👀
A strong negative divergence is forming on the $DXY daily chart.
After it's recent (impressive) surge, a US dollar breakdown is IMMINENT... and likely to be triggered by the (dovish) words of Jerome Powell and the (dovish) actions of the FOMC later today.
Why it matters:
A breakdown of the US dollar is NET POSITIVE for risk assets, emerging markets and--you guessed it--#bitcoin.
I wouldn't be surprised if #bitcoin pushes towards $100k by the end of 2024, given the current macroeconomic setup.
Not a bold prediction, just a guess. Let's watch. 🍿
https://m.primal.net/Lvfr.png
Thank you for open sourcing this kind of information on nostr!!
I was hoping to snatch more sats with my xmas bonus. Probably less now.
Macro on nostr
nostr:nevent1qqsykl47gf8qmtxge2mylsj3ux5sh7svpkec66zjd8x56lumjwfdktgpz4mhxue69uhhyetvv9ujumn0wd68ytnzvuhsyg9hn9kps0srdhe8sq55twqthhytp06ewxmxyx5xhu6knsejz9ls05psgqqqqqqs9vuqcq
did U place any bets on a Trump win?
You hear that nostr:nprofile1qqsp4lsvwn3aw7zwh2f6tcl6249xa6cpj2x3yuu6azaysvncdqywxmgprpmhxue69uhhyetvv9ujuumwdae8gtnnda3kjctvq9n8wumn8ghj7enfd36x2u3wdehhxarj9emkjmn99ah8qatzx9e8gmr3vdsnsu3kv96hjcthx4hr26pnds6ngv3jv3kngumj0y6kg7nxv4jngd3exen8zefcwvm8zem4v34hxdmydf6xvuelvfex7ctyvdshxapaw3e82egpzpmhxue69uhkummnw3ezuamfdejs5mzk3a? Get your glasses ready. That bottle is coming out soon 🔥
I need to find and convince myself to spend the money on some Sam Adam's Utopia 😬
Oooo I had that once. Very tasty.
Holy shit I didn’t realize that beer is 28%
It's not fucking around 😂
The end is nigh! (seriously, neglected #ClimateChange – which can be partially led back to #Bitcoin – will lead to the #SixthMassExtinction and kill us all, sooner or later; we're all doomed actually)
Doom harder bro. Why not just end it now?
Thanks so much for your thoughts. Gold likely up too?
From your lips to God’s ears Jeff
Not sure 100 on the Dxy will hold this time either….
Miss all the wisdom you dropped on Cafe Bitcoin. The bull crab finally ditched its shell and came to life.
100k is gona be such a great achievement and feeling
I had said 100k usd for xmas would be a very bullish festive season
Not impossible
So much sell pressure from that point to handle though
nostr:nevent1qqsykl47gf8qmtxge2mylsj3ux5sh7svpkec66zjd8x56lumjwfdktgpz3mhxw309ucnydewxqhrqt338g6rsd3e9upzpduedsvruqmd7fuq99zmszaaezct7kt3ke3p4p4lx45uxvs30uraqvzqqqqqqykh2vpk
what will we do with our laser eyes?
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