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Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">Get ready for a blow-off dollar </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">Bitcoin dominance is in an uptrend</a></li></ul>
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Economist <a href="https://u.today/tuur-demeester-reveals-his-portfolio-until-2040-bitcoin-btc-mentioned">Tuur Demeester</a>, who is known as one of the most reputed Bitcoin analysts, forecasts that a new fiat currency bear market will make the U.S. Dollar stronger.
<blockquote class="twitter-tweet">
Similar to how in a crypto bear market bitcoin dominance vs altcoins increases, imo it's likely that in a fiat bear market we'll see smaller currencies weaken versus the US dollar. <a rel="nofollow" target="_blank" href="https://t.co/4EGBqai7k7">pic.twitter.com/4EGBqai7k7</a>
— Tuur Demeester (@TuurDemeester) <a rel="nofollow" target="_blank" href="https://twitter.com/TuurDemeester/status/1257353244646531075?ref_src=twsrc%5Etfw">May 4, 2020</a></blockquote>
To make his point, Demeester compares greenbacks to Bitcoin, which tends to chip away at the market share of altcoins during bear markets.
<a rel="nofollow" target="_blank" href="#">card</a>
Get ready for a blow-off dollar
The DXY index, which determines the value of the U.S. dollar against other major fiat currencies, reached its multi-year high of 102.96 on March 19 when the coronavirus-driven market turbulence reached a tipping point.
Demeester appears to be on the same page with macro investor Raoul Pal who predicted a <a href="https://u.today/investor-raoul-pal-bullish-on-bitcoin-btc-gold-xau-and-us-dollar-usd">“blow-off dollar”</a> back in April. However, Pal only bets on Bitcoin and gold in the long-term.
<a rel="nofollow" target="_blank" href="#">card</a>
Bitcoin dominance is in an uptrend
In the meantime, <a rel="nofollow" target="_blank" href="#">Bitcoin’s dominance</a> recently approached its 2017 levels after it crashed in Q1 due to a strong altcoin rally. According to pseudonymous crypto trader DonAlt, it is in a clear uptrend.
<blockquote class="twitter-tweet">
I found this alt that is actually cleanly uptrending, do you guys think it's still time to get in or is it too late? <a rel="nofollow" target="_blank" href="https://t.co/ImDk40fv4m">pic.twitter.com/ImDk40fv4m</a>
— DonAlt (@CryptoDonAlt) <a rel="nofollow" target="_blank" href="https://twitter.com/CryptoDonAlt/status/1257335073818513410?ref_src=twsrc%5Etfw">May 4, 2020</a></blockquote>
It’s worth noting that the coin’s growing market share is not necessarily indicative of a bear market. While this was true in 2018, the crypto king continued <a rel="nofollow" target="_blank" href="#">to annihilate altcoins</a> in Q2 2019 when it was in the middle of a major bull run.
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Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
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Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
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Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
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Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
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Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">Get ready for a blow-off dollar </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">Bitcoin dominance is in an uptrend</a></li></ul>
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Economist <a href="https://u.today/tuur-demeester-reveals-his-portfolio-until-2040-bitcoin-btc-mentioned">Tuur Demeester</a>, who is known as one of the most reputed Bitcoin analysts, forecasts that a new fiat currency bear market will make the U.S. Dollar stronger.
<blockquote class="twitter-tweet">
Similar to how in a crypto bear market bitcoin dominance vs altcoins increases, imo it's likely that in a fiat bear market we'll see smaller currencies weaken versus the US dollar. <a rel="nofollow" target="_blank" href="https://t.co/4EGBqai7k7">pic.twitter.com/4EGBqai7k7</a>
— Tuur Demeester (@TuurDemeester) <a rel="nofollow" target="_blank" href="https://twitter.com/TuurDemeester/status/1257353244646531075?ref_src=twsrc%5Etfw">May 4, 2020</a></blockquote>
To make his point, Demeester compares greenbacks to Bitcoin, which tends to chip away at the market share of altcoins during bear markets.
<a rel="nofollow" target="_blank" href="#">card</a>
Get ready for a blow-off dollar
The DXY index, which determines the value of the U.S. dollar against other major fiat currencies, reached its multi-year high of 102.96 on March 19 when the coronavirus-driven market turbulence reached a tipping point.
Demeester appears to be on the same page with macro investor Raoul Pal who predicted a <a href="https://u.today/investor-raoul-pal-bullish-on-bitcoin-btc-gold-xau-and-us-dollar-usd">“blow-off dollar”</a> back in April. However, Pal only bets on Bitcoin and gold in the long-term.
<a rel="nofollow" target="_blank" href="#">card</a>
Bitcoin dominance is in an uptrend
In the meantime, <a rel="nofollow" target="_blank" href="#">Bitcoin’s dominance</a> recently approached its 2017 levels after it crashed in Q1 due to a strong altcoin rally. According to pseudonymous crypto trader DonAlt, it is in a clear uptrend.
<blockquote class="twitter-tweet">
I found this alt that is actually cleanly uptrending, do you guys think it's still time to get in or is it too late? <a rel="nofollow" target="_blank" href="https://t.co/ImDk40fv4m">pic.twitter.com/ImDk40fv4m</a>
— DonAlt (@CryptoDonAlt) <a rel="nofollow" target="_blank" href="https://twitter.com/CryptoDonAlt/status/1257335073818513410?ref_src=twsrc%5Etfw">May 4, 2020</a></blockquote>
It’s worth noting that the coin’s growing market share is not necessarily indicative of a bear market. While this was true in 2018, the crypto king continued <a rel="nofollow" target="_blank" href="#">to annihilate altcoins</a> in Q2 2019 when it was in the middle of a major bull run.
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Twig\Template->displayWithErrorHandling(Array, Array) (Line: 367)
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twig_render_template('themes/cryptod/templates/field--body.html.twig', Array) (Line: 372)
Drupal\Core\Theme\ThemeManager->render('field', Array) (Line: 436)
Drupal\Core\Render\Renderer->doRender(Array, ) (Line: 204)
Drupal\Core\Render\Renderer->render(Array) (Line: 474)
Drupal\Core\Template\TwigExtension->escapeFilter(Object, Array, 'html', NULL, 1) (Line: 895)
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Drupal\Core\Render\Renderer->render(Array, ) (Line: 238)
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Drupal\Core\Render\Renderer->executeInRenderContext(Object, Object) (Line: 239)
Drupal\Core\Render\MainContent\HtmlRenderer->prepare(Array, Object, Object) (Line: 128)
Drupal\Core\Render\MainContent\HtmlRenderer->renderResponse(Array, Object, Object) (Line: 90)
Drupal\Core\EventSubscriber\MainContentViewSubscriber->onViewRenderArray(Object, 'kernel.view', Object)
call_user_func(Array, Object, 'kernel.view', Object) (Line: 111)
Drupal\Component\EventDispatcher\ContainerAwareEventDispatcher->dispatch(Object, 'kernel.view') (Line: 187)
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Drupal\Core\DrupalKernel->handle(Object) (Line: 18)
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Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">Get ready for a blow-off dollar </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">Bitcoin dominance is in an uptrend</a></li></ul>
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}
Economist <a href="https://u.today/tuur-demeester-reveals-his-portfolio-until-2040-bitcoin-btc-mentioned">Tuur Demeester</a>, who is known as one of the most reputed Bitcoin analysts, forecasts that a new fiat currency bear market will make the U.S. Dollar stronger.
<blockquote class="twitter-tweet">
Similar to how in a crypto bear market bitcoin dominance vs altcoins increases, imo it's likely that in a fiat bear market we'll see smaller currencies weaken versus the US dollar. <a rel="nofollow" target="_blank" href="https://t.co/4EGBqai7k7">pic.twitter.com/4EGBqai7k7</a>
— Tuur Demeester (@TuurDemeester) <a rel="nofollow" target="_blank" href="https://twitter.com/TuurDemeester/status/1257353244646531075?ref_src=twsrc%5Etfw">May 4, 2020</a></blockquote>
To make his point, Demeester compares greenbacks to Bitcoin, which tends to chip away at the market share of altcoins during bear markets.
<a rel="nofollow" target="_blank" href="#">card</a>
Get ready for a blow-off dollar
The DXY index, which determines the value of the U.S. dollar against other major fiat currencies, reached its multi-year high of 102.96 on March 19 when the coronavirus-driven market turbulence reached a tipping point.
Demeester appears to be on the same page with macro investor Raoul Pal who predicted a <a href="https://u.today/investor-raoul-pal-bullish-on-bitcoin-btc-gold-xau-and-us-dollar-usd">“blow-off dollar”</a> back in April. However, Pal only bets on Bitcoin and gold in the long-term.
<a rel="nofollow" target="_blank" href="#">card</a>
Bitcoin dominance is in an uptrend
In the meantime, <a rel="nofollow" target="_blank" href="#">Bitcoin’s dominance</a> recently approached its 2017 levels after it crashed in Q1 due to a strong altcoin rally. According to pseudonymous crypto trader DonAlt, it is in a clear uptrend.
<blockquote class="twitter-tweet">
I found this alt that is actually cleanly uptrending, do you guys think it's still time to get in or is it too late? <a rel="nofollow" target="_blank" href="https://t.co/ImDk40fv4m">pic.twitter.com/ImDk40fv4m</a>
— DonAlt (@CryptoDonAlt) <a rel="nofollow" target="_blank" href="https://twitter.com/CryptoDonAlt/status/1257335073818513410?ref_src=twsrc%5Etfw">May 4, 2020</a></blockquote>
It’s worth noting that the coin’s growing market share is not necessarily indicative of a bear market. While this was true in 2018, the crypto king continued <a rel="nofollow" target="_blank" href="#">to annihilate altcoins</a> in Q2 2019 when it was in the middle of a major bull run.
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Contents
<ul class="article__contents-list"><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h20">Get ready for a blow-off dollar </a></li><li class="article__contents-item"><a class="article__contents-link link-pseudo" href="#h31">Bitcoin dominance is in an uptrend</a></li></ul>
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Economist <a href="https://u.today/tuur-demeester-reveals-his-portfolio-until-2040-bitcoin-btc-mentioned">Tuur Demeester</a>, who is known as one of the most reputed Bitcoin analysts, forecasts that a new fiat currency bear market will make the U.S. Dollar stronger.
<blockquote class="twitter-tweet">
Similar to how in a crypto bear market bitcoin dominance vs altcoins increases, imo it's likely that in a fiat bear market we'll see smaller currencies weaken versus the US dollar. <a rel="nofollow" target="_blank" href="https://t.co/4EGBqai7k7">pic.twitter.com/4EGBqai7k7</a>
— Tuur Demeester (@TuurDemeester) <a rel="nofollow" target="_blank" href="https://twitter.com/TuurDemeester/status/1257353244646531075?ref_src=twsrc%5Etfw">May 4, 2020</a></blockquote>
To make his point, Demeester compares greenbacks to Bitcoin, which tends to chip away at the market share of altcoins during bear markets.
<a rel="nofollow" target="_blank" href="#">card</a>
Get ready for a blow-off dollar
The DXY index, which determines the value of the U.S. dollar against other major fiat currencies, reached its multi-year high of 102.96 on March 19 when the coronavirus-driven market turbulence reached a tipping point.
Demeester appears to be on the same page with macro investor Raoul Pal who predicted a <a href="https://u.today/investor-raoul-pal-bullish-on-bitcoin-btc-gold-xau-and-us-dollar-usd">“blow-off dollar”</a> back in April. However, Pal only bets on Bitcoin and gold in the long-term.
<a rel="nofollow" target="_blank" href="#">card</a>
Bitcoin dominance is in an uptrend
In the meantime, <a rel="nofollow" target="_blank" href="#">Bitcoin’s dominance</a> recently approached its 2017 levels after it crashed in Q1 due to a strong altcoin rally. According to pseudonymous crypto trader DonAlt, it is in a clear uptrend.
<blockquote class="twitter-tweet">
I found this alt that is actually cleanly uptrending, do you guys think it's still time to get in or is it too late? <a rel="nofollow" target="_blank" href="https://t.co/ImDk40fv4m">pic.twitter.com/ImDk40fv4m</a>
— DonAlt (@CryptoDonAlt) <a rel="nofollow" target="_blank" href="https://twitter.com/CryptoDonAlt/status/1257335073818513410?ref_src=twsrc%5Etfw">May 4, 2020</a></blockquote>
It’s worth noting that the coin’s growing market share is not necessarily indicative of a bear market. While this was true in 2018, the crypto king continued <a rel="nofollow" target="_blank" href="#">to annihilate altcoins</a> in Q2 2019 when it was in the middle of a major bull run.
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Godfrey Benjamin
Gamza Khanzadaev
Arman Shirinyan
