Biden just announced 5 mins ago that the Infrastructure Bill has bipartisan support and will pass a vote on House floor today. This means that trillions of capital have just been unlocked and this means the money has to be printed out of thin air - this is real velocity of money - expect the DXY to continue its trend lower and BTC to trend higher and likely test the $44k trendline before a retracement.
DXY - Immediately sells off when Biden announced that the infra bill has bipartisan support in Congress:
DXY - Immediately sells off when Biden announced that the infra bill has bipartisan support in Congress:
Not
Powell just stated they will run inflation hot until Max Employment is achieved. He said in last meeting Max Employment is when Unemployment is at 3.2% ... current Unemployment rate is 5.8% .... long way away stillNot
There is a bearish hanging man candle on 1H timeframe - something to be aware, might get a short term downswing before going higher:
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.