Here is a visual comparison displaying where a majority of the money supply is flowing into between Bitcoin, Gold, Euro and the DXY
DXY green
GLD yellow
EUR pink
BTC aqua
The EURO and BTC are the leaders of this currency war at this moment in time, change my mind!
DXY green
GLD yellow
EUR pink
BTC aqua
The EURO and BTC are the leaders of this currency war at this moment in time, change my mind!
Comment:
The Euro has led as of September 27th 2022 where its outflow bottomed and triggered trend reversal followed by Gold shortly after on November 3rd 2022, Bitcoin next in line after suffering FTX setback which has already caught up and is steadily following Euro the current front runner!
Comment:
For Clarification purposes, many media outlets and youtubers alike are assuming and stating that when the DXY or EUR goes up or down that bitcoin gold or any other stock indice goes the opposite and is the driving force which is false and total opposite. When all of these risk on assets are being sold the money is flowing back into whatever particular currency, they are the leading driving forces not the currencies
Comment:
The DXY so low on the poles