The dollar index is soaring, having already crossed the 103.8 mark , while the S&P 500 index and 10-year bond yields are also on the rise.

This is an unusual scenario! Either the dollar index will drop and markets will climb higher, or we’re heading for a major correction

. I’m leaning towards the latter. That’s why I’ve closed my Bitcoin position. Now, it’s all about watching how things unfold!

Are you ready? Ride the waves of the crypto market and take your trading to new heights with Binance 🚀.

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