A market analyst has outlined a macro “domino effect,” linking Gold’s breakout to a coming Bitcoin (BTC) rally. The thesis: The Trump Administration needs a weaker U.S. Dollar (DXY) to boost exports, making Gold’s breakout the “forerunner” of this policy shift. The DXY is expected to fall from new policies (QT ending, OBBBA). As Bitcoin moves inversely to the DXY, this drop is the prerequisite for its next rally. A market analyst has identified a clear macro-economic sequence for the next Bitcoin (BTC) rally. In a recent analysis, the analyst identified Gold as the “forerunner” to this move. Gold’s current breakout is seen as the first signal of an impending U.S. Dollar (DXY) decline, a policy shift driven by the Trump Administration. BTC, DXY, GOLD. All the signal you need. It's making more sense that the DXY delay for the next leg lower has delayed BTCs breakout… Read The Full Article Gold’s Breakout Is the ‘Forerunner’ to DXY Collapse, Bitcoin Rally – Analyst On Coin Edition .
