Feb 24, 2023Liked by Kodi, Ben Lilly, JJ the Janitor
DXY flashing lights. You pull over. "License and regulation please." Where you heading in such a hurry?" Cali. "It's a good thing I pulled you over. Road is under construction and closed up ahead. You'll have to find a detour. By the way your regulation isn't updated. Stamps ticket, we'll have to impound your bus. Should only take a few months to sort out... Enjoy the bean back in town."
Whoa, your consistently solid analysis and easy to digest writing style keep me glued to my inbox for your substack. Another great one, knocked out of the park! Eye on the prize...looking at you Cali.
I see that you are tuned to the 105.25 number too. A good opportunity to DCA into BTC . The DXY to me looks like it's on a 3 year secular downtrend. I could be wrong, I frequently need to pivot. I'm playing a dxy 106.5 to cash out to some CAD. (🇨🇦). I'm finding a lot of rotation in trades. Wild markets, and interesting times.
You have a great editor no doubt. Your writing thought process and energy of your words...well, you are onto greater things. Looking forward to your next post! -Lexi
I agree there, I do think the dollar is in much larger downtrend - but how high it will squeeze should it get back above its 200-day is unknowable and makes me fearful of a liquidity crisis in the near-term
I do think the devaluation that would follow up a crash like that however would be extremely bullish for crypto over the long term. Will just have to wait and see how it plays out level by level
DXY flashing lights. You pull over. "License and regulation please." Where you heading in such a hurry?" Cali. "It's a good thing I pulled you over. Road is under construction and closed up ahead. You'll have to find a detour. By the way your regulation isn't updated. Stamps ticket, we'll have to impound your bus. Should only take a few months to sort out... Enjoy the bean back in town."
Haha! You might've just given me my lead for the next essay if the dollar rip continues
Like running over a slab of nails 100 miles away from the nearest service station where no tow-truck can reach you
😂 These roads can be dangerous! A few miles back I saw a swan rolling in some mud...It was eerie. lol
Going off the rails on a crazy train !!!
Still waiting for 20k ;)
haha! could happen in a flash if DXY keeps up this pace!
THANKS! You guide us through the mist
it is a privilege and an honor Xavier thanks for reading
Whoa, your consistently solid analysis and easy to digest writing style keep me glued to my inbox for your substack. Another great one, knocked out of the park! Eye on the prize...looking at you Cali.
thank you for these kind words Lexi -- i have a really good editor! you should see what my first drafts looks like haha
and yes, onward to Cali - though DXY this morning looks out to spoil our trip, so tread carefully (105.25 now - not far from January's high)
I see that you are tuned to the 105.25 number too. A good opportunity to DCA into BTC . The DXY to me looks like it's on a 3 year secular downtrend. I could be wrong, I frequently need to pivot. I'm playing a dxy 106.5 to cash out to some CAD. (🇨🇦). I'm finding a lot of rotation in trades. Wild markets, and interesting times.
You have a great editor no doubt. Your writing thought process and energy of your words...well, you are onto greater things. Looking forward to your next post! -Lexi
I agree there, I do think the dollar is in much larger downtrend - but how high it will squeeze should it get back above its 200-day is unknowable and makes me fearful of a liquidity crisis in the near-term
I do think the devaluation that would follow up a crash like that however would be extremely bullish for crypto over the long term. Will just have to wait and see how it plays out level by level
Yeah, sadly my crystal ball is broken. I still see a bright long term future for Bitcoin. I will patiently wait.