DXY and BTC - Time to Stack but Not Time to Rush In
So .. the word on the street is that the Fed *may* temper future hikes, but reversing course takes time, and that was during a less stressful macroeconomic and geopolitical climate.
Reference 2015-16. US Dollar Index ( DXY ) logged 3 tops in 2 years before collapsing thru 2017.
I've been DCA'ing into crypto for months occasionally. I try to buy during extreme fear, but also keep enough cash to DCA another year +, because this is an unprecedented market for crypto, against an uncertain regulatory backdrop.
In my opinion its a bad time to rush in. Build positions slowly when given an opportunity.
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