The dollar index is on the rise, already surpassing 103.8 and continuing upward đ«. Meanwhile, the S&P 500 is also climbing, along with the yield on 10-year bonds. This is an unusual situation. Weâre likely looking at two scenarios: either the dollar index will decline, allowing the markets to rise further, or a correction is coming. Iâm leaning towards the latter.
Iâve decided to close my Bitcoin đ position and will monitor how things unfold. In fact, Iâm planning to sell all my Bitcoin and ETH now. If I sell, Iâll secure a 13 BTC profit. Share your trade history and let me know how much profit youâve made.
Iâm selling because even Donald Trump is talking about selling Bitcoin, and based on the monthly charts, this recent breakout seems like a fake one. I donât believe weâll hit major resistance until March 2025.
