The DXY puts pressure on BTC and will continue to do so!

The-DXY-puts-pressure-on-BTC-and-will-continue-to-do-so

I'll voice the unpopular opinion that at such turning points in history as it is now, a fundamental on-chain metric will not help. Because people are only interested in real value at crisis turning points, and today it is cash (i.e., the US dollar unloved by everyone) and gold. But it's definitely not Bitcoin! The value of Bitcoin is overplayed.

The so-called "foul-smelling" US dollar is strengthening, and it will continue to do so, which will put a lot of pressure on Bitcoin—already pressing! The solid support for Bitcoin is in the $20,000-$10,000 range. The goal is to strengthen the US dollar to 118-120 by 2023-2024. Then you can once again bury the US dollar, but not now! :))