BTC dumping but the dominance’s of OTHERS are pumping.. 🤔
Looks like a buying opportunity for me..😁😁

Exciting Days.. 😉
#BTC

Tomorrow is a holiday in US and it's elections in UK so i don't expect any movement to happen in the markets.. and we have the major news of the week on Friday which is the Non-Farm Employment Change. so if you're expecting a reversal.. then Friday is the day..

I'm gonna summarize the FOMC minutes for you guys..

Almost everyone believes the economy is slowing , While some upside risks were mentioned, the minutes focused more on downside risks and noted that price pressures are easing rather than increasing

Several mentioned that if inflation "persists at elevated levels," additional rate hikes "might" be necessary

Several observed slowing wage growth, a few noted retailers cutting prices, and some reported less difficulty in hiring and retaining worker

Overall, they observed modest further progress, but agreed that rate cuts wouldn't be appropriate until additional information gives them greater confidence that inflation is on track to reach their 2% goal.

Most think current interest rates are restrictive, but some pointed out that inflation might stay above 2% longer than expected. Some also noted uncertainty about the extent of restrictiveness, suggesting the long-run interest rate might be higher than previously assessed, meaning rates may be less restrictive than they appear

Several think the payrolls survey might be overstating actual job gains & Several indicated that further weakening demand could lead to higher unemployment, and many said the Fed needs to be prepared to respond to unexpected economic weakness.

Firstly $DXY is in a crucial level... So the news which are going to be released in the upcoming weeks is going to trigger the direction for $DXY as well as for the overall financial markets for this year...

NB: The main news that you guys need to watch out for is the GDP q/q , FOMC minutes & Non Farm employment change..