$BTC
Inflation rises + USD weakens = swing
Inflation falls + USD strengthens = fly up
Inflation rises + USD breaks down = sinkhole collapse
Want to know if USD will rise, look at the NFP report—reduce/check.
If NFP drops sharply ==> USD breaks
If NFP weakens ==> USD swings
If NFP rises ==> USD takes off.
In this period, the market follows the USD.
==> The US economy is strong in Q3; inflation is by no means a concern.
Inflation rises + USD weakens = swing
Inflation falls + USD strengthens = fly up
Inflation rises + USD breaks down = sinkhole collapse
Want to know if USD will rise, look at the NFP report—reduce/check.
If NFP drops sharply ==> USD breaks
If NFP weakens ==> USD swings
If NFP rises ==> USD takes off.
In this period, the market follows the USD.
==> The US economy is strong in Q3; inflation is by no means a concern.