The lid on $BTC into Q3 is the same as it was all quarter: the dollar.
With the Fed leaning toward a September hike and yields firm, the dollar stays bid, and that pulls money from non-yielding assets.
Crypto can coil under that lid, but the big trend turns when the macro does.
Watch the dollar, not just the candles.
With the Fed leaning toward a September hike and yields firm, the dollar stays bid, and that pulls money from non-yielding assets.
Crypto can coil under that lid, but the big trend turns when the macro does.
Watch the dollar, not just the candles.