been thinking about this clarity act thing and its interesting how it affects the usd. if the biggest us banks start moving their balance sheets into btc infra, does that actually weaken the dxy long term? or does it just make the usd stronger cuz btc becomes part of the system.
i feel like we’re entering a weird phase where the line between tradfi and crypto just vanishes. plus with the new fed chair being hawkishh, the dxy might stay strong for a bit. but if btc becomes a legitimate treasury asset for banks, the dollar might lose its absolute grip on the global reserve.
do u think the dxy is actually going into a death spiral or is this just a temporary dip before another pump? i’m waiting for a clear break of the current support before i go heavy on the shorts. lmk what ur charts are saying about the usd long term.
