Good News For Bitcoin As US Dollar Rally Falters! [Crypto Analysis]

 

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USD rally stalls, is this good for Bitcoin price? [Crypto News]
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The US dollar index DXY has faltered. The NDX Nasdaq 100 index is rallying. What does this mean for the Ethereum price? Will the crypto market pump? Is BTC price ready to rally to $28,000?

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Disclaimer
Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money. Lark Davis (The Crypto Lark) is not providing you individually tailored investment advice. Nor is The Crypto Lark registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. The Crypto Lark is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.

Good News For Bitcoin As US Dollar Rally Falters! [Crypto Analysis]

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25 comments

  1. The Dollar was doomed from the start. You can’t make something out of nothing forever after all. 🀘

  2. Y’all should be worried more about the dollar being dethroned as world reserve currency. Once that happens Bitcoin will go to 500k but you won’t be able to buy much with it.

  3. Lark, I hope your feeling OK? You voice sounded off tonight. A cold perhaps? Hopefully not, we all need your calm voice in the storm. πŸ™‚

  4. To be honest I feel the market is waiting for the absence of negative news, and then positive economics.
    Great Vid Larko!

  5. Hello Lark. I don’t know why everyone is paying attention to Bitcoin or Ethereum, while Binance Coin is performing much better and has recently reached all time high against Bitcoin .

  6. I have to say, Lark, I preferred your previous style of content where you focused more on fundamentals and what was happening in the crypto and macro space. Your recent focus on price chart analysis is just the same as what most other crypto channels are doing. Not much alpha there IMO.

  7. Hello, I’m new to cryptocurrency trade I’ve been making huge losses but recently I see a lot of people earning from it. Please can someone tall me what I’m doing wrong? πŸ™

  8. There are new global alliances that will de-dollar themselves. Cash is high risk in the not so far away future.

  9. Exactly! Cash is now a higher risk asset. Russia, China, India and Brazil and under the table Turkey creating a replacement to the dollar. That’s a significant global change in balance sheets.

  10. I only buy Crypto and sell for a stronger BTC position. Current global affairs make the dollar a hot potato.

  11. The US ponzi scheme is losing steam. Until the majority realizes that holding their wealth in fiat is a bad trading strategy adoption for btc will lag

  12. Rally will probably give the FED more incentive to raise rates more aggressively and prolong pivot dreams, yes?

  13. β€˜Show me the charts, and I’ll tell you the news’ πŸ“ˆ πŸ‘€ Łitecoin 2023 mining reward halving closer by the day ⏱

    2015 and 2019 halvings saw big price rises for Litecoin and Bitcoin. β€˜Front running’ could accelerate πŸƒπŸ½β€β™‚οΈπŸƒπŸΌβ€β™€οΈ the process.

  14. I take in hours of crypto content each day but my strategy stays the same. Dca until btc hits ~$60k then sell 75% in may 2025. Happy investing my friends!

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