🚨 $DXY ALERT — What It Means for #Bitcoin & #SPX500 ?
This isn’t crypto — it’s the Dollar Index (DXY).
But it has a massive impact on both Bitcoin and SPX500, so you need to pay attention.
Currently on the daily timeframe, we’re seeing a possible breakout soon (next 4–6 hours) from a key pattern:
Break of Downtrend with Inverse Head & Shoulders
Now most will see this as bearish for risk assets — but I’m taking the contrarian view.
Let me explain why 👇
1.DXY has been getting rejected from the 50 EMA for 152 days straight.
This breakout could be different.
2.Typically, a rising DXY = falling $SPX / $BTC.
BUT this move might not be strength — it could be signaling incoming rate cuts.
3.And what’s on Wednesday?
📉 FOMC Rate Cut Decision
So maybe this breakout isn’t about strength in the dollar —
…it’s about liquidity coming back.
New money. Fresh prints.
⚠️ Rate cuts aren’t long-term bullish, but short-term liquidity surges are.
If you get it, you get it.
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Connect the Dots #DYOR
#Dollar #ratecut #FOMC