DXY weakness !

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The US debt problem has caused increased weakness and caused a downtrend since October open ! The problem has been stemmed on by many people in congress and i have little faith this problem will get resolved fully in a timely manner.

While this is bad for America , this would provide the perfect opportunity for a parabolic leg in crypto and potentially increase institutional investors due to inflation increasing !

Currently i have two paths planned out which both heavily rely on a debt solution or lack of :

The blue path is the path we would ideally see for another parabolic leg and it relies on congress being slow to act on a full resolution.

The yellow path will only occur if more solutions are presented and this problem is fully solved with a plan put into place to potentially stop this recurring debt ceiling .

Penafian

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