HomeGuidesCrypto LarkGood News For Bitcoin As US Dollar Rally Falters!

Good News For Bitcoin As US Dollar Rally Falters! [Crypto Analysis]

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USD rally stalls, is this good for Bitcoin price? [Crypto News]
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The US dollar index DXY has faltered. The NDX Nasdaq 100 index is rallying. What does this mean for the Ethereum price? Will the crypto market pump? Is BTC price ready to rally to $28,000?

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Disclaimer
Everything expressed here is my opinion and not official investment advice – please do your own research before risking your own money. Lark Davis (The Crypto Lark) is not providing you individually tailored investment advice. Nor is The Crypto Lark registered to provide investment advice, is not a financial adviser, and is not a broker-dealer. The material provided is for educational purposes only. The Crypto Lark is not responsible for any gains or losses that result from your cryptocurrency investments. Investing in cryptocurrency involves a high degree of risk and should be considered only by persons who can afford to sustain a loss of their entire investment. Investors should consult their financial adviser before investing in cryptocurrency.

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36 COMMENTS

  1. Not sure what happens next. Was watching BTC today and Eric Krown had suggested if we dropped below $22.6K we might drop to $21K. Was dithering below $22.6K so I did August's "DCA" at $22.490K. Gratified that it didn't go much lower (at least today) and in fact seemed to turn around. Usually when I buy like that it immediately dives to the target I should have waited for.

  2. Bro the dollar is about to rip lmfao.
    I don't understand how the market assumes another doubling of rates is bearish for the dollar…
    I can't wait to scoop up all these cryptos for pennies on the dollar, off all these idiots that think the fed is gonna pivot when inflation is at 15%…
    Absolutely ridiculous.
    I feel bad for your viewers your always a day late and a dollar short.
    Good thing you make most your money off YouTube and not off trading cryptos 😉

  3. Hello Lark. I don't know why everyone is paying attention to Bitcoin or Ethereum, while Binance Coin is performing much better and has recently reached all time high against Bitcoin .

  4. I have to say, Lark, I preferred your previous style of content where you focused more on fundamentals and what was happening in the crypto and macro space. Your recent focus on price chart analysis is just the same as what most other crypto channels are doing. Not much alpha there IMO.

  5. Hello, I'm new to cryptocurrency trade I've been making huge losses but recently I see a lot of people earning from it. Please can someone tall me what I'm doing wrong? 🙏

  6. ‘Show me the charts, and I’ll tell you the news’ 📈 👀 Łitecoin 2023 mining reward halving closer by the day ⏱

    2015 and 2019 halvings saw big price rises for Litecoin and Bitcoin. ‘Front running’ could accelerate 🏃🏽‍♂️🏃🏼‍♀️ the process.

  7. I take in hours of crypto content each day but my strategy stays the same. Dca until btc hits ~$60k then sell 75% in may 2025. Happy investing my friends!

  8. saw your thumbnail in the recommended list… has someone ever said you looked like the lovechild of Norm MacDonald and Seth McFarlane? Not bad company

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