Crypto Analyst Says Surging US Dollar To Come Down Hard on Bitcoin (BTC), Ethereum (ETH) and Stock Market
— Often trades, Time, Trader says, Traders, Significant multi, Transfers, Daily hodl participates, Current surge points, See several relief rallies, May incur — 1 min read
US Dollar Index (DXY) points to another 12-20 months of suppressed movement from stocks and crypto. Bitcoin (BTC), ETH (ETH) and the stock market will remain down for at least a year. S&P 500 Index’s recent price action hints at further pain to come after a big fakeout. Bitcoin has now canceled out its move over the last several days and Bitcoin right back below $19,800 on the last 4 hour close. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is an investment advisor. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital asset.Disclaimer: Opinions expressed at The Daily Source