BTC/USD is not buying it

As the US dollar takes a hard pullback, Bitcoin herds aren’t buying it

Considering that a lot of the crypto sheeple followed some of the dumbest stumps on the planet, I don’t blame them. But still, if this were just a 2 day speculative flash in the risk ‘on’ markets you’d think this spec would have done something by now.

Maybe if BTCUSD finally catches on it’ll signal the oncoming end to the sentiment relief rally. Weekly MACD, while deeply negative, is crossed up.

Isn’t part of the promo here the ‘death of the dollar’ (and its debt paper friends)?

For “best of breed” top down analysis of all major markets, subscribe to NFTRH Premium, which includes an in-depth weekly market report, detailed market updates and NFTRH+ dynamic updates and chart/trade setup ideas. Subscribe by Credit Card or PayPal using a link on the right sidebar (if using a mobile device you may need to scroll down) or see all options and more info. Keep up to date with actionable public content at by using the email form on the right sidebar. Follow via Twitter@NFTRHgt.