Good morning #Quad2...
We had a Dollar up week, but now this morning the Dollar is already down a full -0.5% versus the Euro, which is a big move off the top end of the range.
This will get you paid if you shorted more Dollars, when? When they were up on Friday.
Were you freaking out because of whatever was happening politically or viscerally? No you weren’t; you were buying the damn dip in things which are inversely correlated to the Dollar, which would include Bitcoin.
Look at Bitcoin flying higher this morning. Don’t forget that for the people who don’t know that, they don’t know that Bitcoin corrected last week -9.4% because, of course, the Dollar was up.
