Skip to content
Sign In Subscribe
Markets — Crypto — Blocksmith Says — DXY

Blocksmith Says: DXY Falls, Crypto Rallies… But Not for Long

,   and  Christopher Grafton
1 min read

Table of Contents

Here’s the Dollar Index (DXY) daily. While DXY falls, crypto vs. USD rallies. This chart is a projection of the price trajectory. The 20-week cycle has very likely topped and is headed down.

This is the tailwind for the current decline and the next trough is not due until November. However, there should be a reaction rally in about 10 days’ time as the 40-day cycle (smallest semicircle in blue) troughs (say 23 September, around 105).

The dollar should push, crypto should fall and then as the 40-day tops, it’s hard down again as all cycles will be pointing down. This is a decent inverse roadmap for Bitcoin and Ethereum broadly speaking.

Related

Threat to Fed Takes Center Stage
Markets

Threat to Fed Takes Center Stage

Fresh clashes between the Trump administration and the Federal Reserve reignited fears over central bank independence, weighing on US markets and boosting precious metals.

,   and  Blockhead

Latest

The Woeful State of Web3 Auditing, And What Can Be Done
DeFi

The Woeful State of Web3 Auditing, And What Can Be Done

Crypto audits have evolved from catching real bugs to listing quantum computing risks and noting that "code quality could be improved." As programmers got better at avoiding basic mistakes, auditors started padding reports with generic warnings, leaving the actual risks buried or ignored entirely.

,   and  Jon Reiter
Threat to Fed Takes Center Stage
Markets

Threat to Fed Takes Center Stage

Fresh clashes between the Trump administration and the Federal Reserve reignited fears over central bank independence, weighing on US markets and boosting precious metals.

,   and  Blockhead