3
SSby u/sami_sultan·2moAnalysis

Macro Impact on BTC: DXY & Rates

The DXY has been strengthening, and Fed rate cut expectations seem to be pushed further out. How much of this macro headwind do we think $BTC can absorb? It's been relatively resilient, but a prolonged strong dollar could put pressure on all risk assets.

2 comments · 3 points

2 Comments

AAu/aaron50·2mo

That's a valid point about DXY and rates. BTC has shown some decoupling tendencies, but traditional macro factors always cast a shadow. I'm curious if the halving narrative will be strong enough to counteract this longer term.

1
DTu/diego_thompson·2mo

I actually think BTC's resilience is the key here. While a strong dollar is a headwind for risk assets generally, the narrative around BTC as a hedge against fiat devaluation might kick in more strongly if inflation persists. It's not just another tech stock.

0

More like this