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The big green elephant in the room #DXY
GM,
One subject I didn't see at all on my timeline, is the fact that the Dollar Index is building a picture perfect yearly bottom.
IF 100 level will be breached to the upside, then we can see a continuation to 103ish or even 105/106 area and that can coincide with a correction on $SPY $Q and probably the last leg lower for Bitcoin and altcoins.
DXY rejecting from those upper areas be it 103 or 105/106 in Q4, then that can pan out as the bottom of the TradFi correction and the macro bottom for Bitcoin and the end of bearmarket.
What's your take?