Bitcoin vs. US Dollar Currency Index (DXY)

35 Comments

1. "risk"

2. the dxy is coincidence. because its a measure against other inflating currency's what use is it really. the entire gold market pricing is a scam. the dxy is also a scam. as a bitcoinist id expect far more from you on your view of correlation of asset values to drawing a correlation conclusion.

3. Every time you have been bullish, I have asked for this analysis. Great job. The truth hurts… But sometimes (despite what some may say) facts are facts.

4. always appreciate your sober analysis..!

5. The crazy thing is that DXY is only going up because the EU and other nations have been even more dovish than the US Fed.

6. I hate the dxy chart. Saying that the value of the dollar has gone up when it takes twice as much money to buy anything is crazy. All this chart tells me is that other fiat currencies are even worse than the dollar. If you compare the dollar to anything else (Oil, groceries, Bitcoin, S&P 500, etc.) the value only goes one direction.

7. THE BULL RUN IS OVER. Thats why its in a downtrend.

8. Dumb question but why is the dollar going up if inflation is worse and we are doing so much printing?

9. Tomorrow morning I'm gonna get up, drink my triple espresso and jump BACK into the CRAPTOVERSE.

10. Bitcoin needs viagra can't get it up

11. Say goodbye to Bitcoin's bull market guys.

12. sandbagging expectations

13. EXCELLENT

14. Market down —> webcam FPS down

15. Ben – Dangit, I do know what's going to happen tomorrow. I just need you to tell me what that is.

16. We will bounce around 39k boys have cash on hand

17. Ben, there are many countries in the world that are dollar dependent and local currencies bleeding against dollar as the trade , import is done with dollars i.e energy expenses. In Turkish example, people have 250 billion $ in their bank accounts while central bank has none of it. Therefore world $ demand is increasing hence the dxy , and it's a strong hedge against inflation in rest of the world unlike in US

18. Crypto bleeds against my expectations

19. how about yield 10 year?

20. Thanks as always Ben.

21. Hey Ben! Thanks for the video! Did you look at the correlation between dxy and btc? I mean any tests? I believe current btc price has a lot to so with the futures etf. Because institutions sell the asset and get exposure to btc using futures. The market is much easier to manipulate now. This also explains the accumulation obvious in the onchain data

22. Today we're going to talk about… BITCOIN ….

23. DXY will be at 100 by 3/16/22

24. I'm still in bed

25. The dollar isn’t strong. It’s not as bad as the other currencies. The DXY is a relative index. Still sucks for BTC.

26. ben's teacher: ben, write a short story with 500 words
    ben: Ok opens up MS paint

27. i think its fairly obvious what happens at the moment. glassnode shows whales (btc wallet >1000) sending btc to exchanges and they are also at the same time the only one withdrawing huge amounts. net outflow just hit all time high. they pressure the spot price for massive otc buys and picking up the bags of paperhands.

28. 8% raise for the $ is a LOT …… 8% for all theUS dollars + the trillions printed US dollars. 🤣
    After so much printing and still rising …. only in America (USA)
    I love the USA 🟢

29. Since 2018, I have bought my family a few satoshis each year, as a Christmas present. This year's price fall is a blessing in disguise; with BTC at $100k, I could have bought far less sats for my money!

30. It's the new money battling the old money

31. Uncle Ben and his no BS youtube channel!

32. I don’t think anybody would be surprised to see capitulation. So many signs

33. Turkey Dollarization making an impact

34. I assume that 67k was indeed the top and we are now in a transition between bull and bear market. But this is not a bad news. When there are diminishing returns (only a 3x from the last bull market top in 2017) than the same could hold for the bear market and maybe 30k will be the bottom in this bear market. So not only the returns are diminishing, but the volatility. The question is now, if we will have 3 years of movement between 30k and 45k. This would be very very boring. Most retailers might leave the market then… :-p

35. The voice of reason 🤟🏻👊🏻

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