@GoldTelegraph_ We had a much stronger Dollar in 2022 with a 20% rally to highs. Countries had to dump dollar to protect their own currencies. Dollar likely back above 50% share in 2023 as DXY hovers around 100 and nations reaccumulate.
Meanwhile, JP Morgan and Bank of America are potential bidders for First Republic Bank, $FRC.
However, US regulations do not allow a bank controlling 10%+ of deposits to acquire another bank that accepts deposits.
It would not be surprising if the FDIC makes an exception here.
@Crypt0cloud Nice call, needed that one. Set's up gold and Q's for potentially nice pullbacks next week. BTC 31k is 2x the lows so is big resistance there for sure. Next BTC downtrend feels very close, 29.3 weekly close confirms it for me.