BTC / XAU / DXY all up. Too good to be true?
Please watch video for analysis.
Quick run through:
1. Over all crypto market cap sits at $2.05 trillion - up 14.1% over the last day.
2.Yet BTC dominance sits at 44% approx
3. DXY has gone up as well
BTC's move seems too impulsive to me. Even with Russia adopting cryptocurrency one needs to understand as a country Russia is not going to get into the BTC game at 44k. They will buy cheap.
This is just my opinion. Please DYOR. Trade safe and keep tight SLs in place. Market is to volatile!
Quick run through:
1. Over all crypto market cap sits at $2.05 trillion - up 14.1% over the last day.
2.Yet BTC dominance sits at 44% approx
3. DXY has gone up as well
BTC's move seems too impulsive to me. Even with Russia adopting cryptocurrency one needs to understand as a country Russia is not going to get into the BTC game at 44k. They will buy cheap.
This is just my opinion. Please DYOR. Trade safe and keep tight SLs in place. Market is to volatile!
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