Crypto Update: Bitcoin will go higher than $2000, Dollar Index down -6%

Bitcoin continues to hit new highs, and the dollar is in a down trend. Trump has repeatedly stated the the dollar is over valued he wants it to go down making U.S. exports affordable again.

At the bottom of the dollar index chart the TSI (true strength indicator) has had its last two highs below the 0 line clear down trend.

Bitcoin will go up in the long term no matter what, either by the devalued dollar or by money printing in which we are more or less in a constant state of, because our fiat currency is in a constant state of loosing value do to constant debt creation i.e. more and more money. Its any inverse effect the more money we create the less valuable it is bitcoin will go up a fixed 21 million coin asset.

Check out my previous blog post about Brazil stock market crashing -10% in two days