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The USD broke up on the US higher inflation Data yesterday, that's what caused the very high volatility in the markets and stocks; though the S&P500 only fell -1.5% and it had gained that last week. See in the chart below, the USD broke up out of the downtrend, but maybe not? Second line. If the USD gets stronger then basically every other asset type and class falls so the weird thing is that both the USD and the S&P500 are both strong AND Bitcoin is very strong. It really feels like the USD is about to start weakening and the rest of everything gets more bullish, or this is the tip and things are turning down from here on mass in a big way and the USD is spiking.
