DXY is still at a high level of 103.31 points. If you want DXY to cool down, the FED will stop raising interest rates and central banks will continue to increase.
The Australian central bank has just increased interest rates to 4.1% (the highest in the past 11 years) and next Thursday, it is likely that the British central bank will also increase interest rates to 5.75% (the highest since 2007). ).
However, the Ministry of Finance still sells public bonds, sucking USD out of the market, making USD more valuable.
How will the price of Bitcoin be affected by the macroeconomic situation on the decline?
US GDP growth is slowing down, so to avoid or limit the speed at which the US economy goes into crisis. Surely the FED must adjust monetary policy to demonstrate its role in the economy
But before now we have seen that the Fed will "print money" to save the economy. Should the situation gradually improve, Bitcoin will be sensitive and grow until the end of the year