Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
TReano
on 04/12/2015, 00:57:29 UTC
Kraken btc/eur looking stupid. How can they go for lower prices while all the other exchanges are buying?
Eur/usd jumped +3.15% today.


So...good time to buy dollars on the dip? Or will euro bubble? Should I hodl euros?

i think its going to be slightly safer to trade BTC/NOT_USD_FIAT

DXY was >100 a few days ago.
http://www.marketwatch.com/investing/index/dxy

but i wouldn't trade based on your prediction of the USD/EUR.

DXY is just the "U.S. Dollar Index" it's a sum of all currencies traded against the USD

https://en.wikipedia.org/wiki/U.S._Dollar_Index

with the Euro having 57% weight DXY is almost a mirror of the EUR/USD pair