Today Xiao Cui asked me whether the U.S. Dollar Index seems to have an inverse correlation with the big pizza and big cycle. I said, not exactly—I haven’t observed it. But what I say doesn’t count; I’ll analyze it myself. I made a chart of the U.S. Dollar Index and the big pizza’s price action. The moment I looked at it, I made an astonishing discovery: the large cycle actually does have an inverse correlation.
That means when the dollar is weak, the big pizza will strengthen, even entering a bull market. When the dollar is strong, the big pizza is likely to fall! Just look at the chart and you’ll know. Now the U.S. Dollar Index has broken 100 and is hovering around 99. If the dollar stays soft for a year, I think it’s possible—given that the U.S. Treasury issues more bonds and China remains strong! Does that imply that the big pizza will keep rising alongside the dollar’s weakness? In my view, yes.
$BTC
@Richard Teng @Yi He @CZ
That means when the dollar is weak, the big pizza will strengthen, even entering a bull market. When the dollar is strong, the big pizza is likely to fall! Just look at the chart and you’ll know. Now the U.S. Dollar Index has broken 100 and is hovering around 99. If the dollar stays soft for a year, I think it’s possible—given that the U.S. Treasury issues more bonds and China remains strong! Does that imply that the big pizza will keep rising alongside the dollar’s weakness? In my view, yes.
$BTC
@Richard Teng @Yi He @CZ
