I'm looking shorter term. DXY is going up and BTC is also going up. It's not a trend that's typically sustainable.
The last 2 times this happened was the Do Kwon pump and the pre covid crash pump.
Short of someone hitting the launch nuke button, Once this VIX cycle plays out we at least will know where the new baseline is. I’m assuming that would mean the S&P @ 3,800-3,900.
From there it’ll be a harder pump up towards 4,300. BTC will go up with it to 27k-36k.
I’m still following my Feb 0.25%, Mar 0.25%, Apr 0%, May 0.25% timeframe plan. This would mean an upward grind until May FOMC which is a big decision point.
The reality is the pump to 25k barely registers as a pump. 36k is a reasonable target and 42k if we see some FOMO. The gaps are so huge between price levels which is why this will be the most hated rally because shit will explode higher than people expect.