DXY has broken down and is currently retesting a breakdown of this major ascending channel on the weekly - monthly time frame.
Applying this to equities and Bitcoin - we can anticipate a bull run spanning 3-6 years approximately.
Due to the major event of this retest here - I expect that Bitcoin and manipulated markets will see a flash crash of severe magnitude, popping the balloon of the over- leveraged market caps.
No black swan is needed to see this take place on Bitcoin. The charts been rising steadily and holding since 2023 - this attracts long leveraged positions and consequently their stop loss orders. Sell orders are cascading in the chart all the way down to 10,000 - and only fill when price crosses.
This is the event that will pop the bubble before we see stability in the bull run. I don’t expect the equities markets to drop substantially at all - rather I believe we will continue to rise for 3-6 years coinciding with DXY breakdown.
Applying this to equities and Bitcoin - we can anticipate a bull run spanning 3-6 years approximately.
Due to the major event of this retest here - I expect that Bitcoin and manipulated markets will see a flash crash of severe magnitude, popping the balloon of the over- leveraged market caps.
No black swan is needed to see this take place on Bitcoin. The charts been rising steadily and holding since 2023 - this attracts long leveraged positions and consequently their stop loss orders. Sell orders are cascading in the chart all the way down to 10,000 - and only fill when price crosses.
This is the event that will pop the bubble before we see stability in the bull run. I don’t expect the equities markets to drop substantially at all - rather I believe we will continue to rise for 3-6 years coinciding with DXY breakdown.
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