A note on tracking the money flow:
“ The U.S. Dollar Index (DXY) has climbed above 102, up 0.40% on the day.”
After the news came out, I asked just three questions related to money:
1. Which way are aggressive buyers and sellers leaning?
2. Can trading volume for $BTC (24h: $2.099 billion) increase significantly?
3. Are there any unusual outflows from on-chain trading platforms?
Only when all three point in the same direction can the news be considered validated by the money flow; otherwise, it’s probably just a sentiment-driven disturbance.
News with a specific time attached carries far more weight than vague statements.
My views could be wrong at any time. Please manage your own gains and losses.
“ The U.S. Dollar Index (DXY) has climbed above 102, up 0.40% on the day.”
After the news came out, I asked just three questions related to money:
1. Which way are aggressive buyers and sellers leaning?
2. Can trading volume for $BTC (24h: $2.099 billion) increase significantly?
3. Are there any unusual outflows from on-chain trading platforms?
Only when all three point in the same direction can the news be considered validated by the money flow; otherwise, it’s probably just a sentiment-driven disturbance.
News with a specific time attached carries far more weight than vague statements.
My views could be wrong at any time. Please manage your own gains and losses.
