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!
