cryptodads

Some macro hopium for those in need.

DXY  - Has continued to break down from head and shoulders.  However, this will likely see a bounce soon as it is nearing support and the completion of the measured move from the head and shoulders.  I could see this getting down under 104 and then bounce up to track line.  From there we would like to see it rejected.  Unfortunately, stocks and crypto have moved down with the dollar.  It's kinda like when ETH goes down and your NFTs go down in terms of ETH at the same time.  

M2 Money supply - This has been trending upward for the last year.  Historically M2 going up has correlated to BTC going up, but there is often a lag.