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- Bitcoin Breakout = Impending Dollar Breakdown?
Bitcoin Breakout = Impending Dollar Breakdown?
Something big just happened in the markets — and it’s not just about crypto.
Bitcoin broke out. Again.
But this time, it’s not retail hype or meme coin mania. It’s a deeper signal: a growing, global unease with the U.S. dollar.
Let’s decode it.
The Bitcoin Signal
Bitcoin just surged past $60,000 — a key psychological and technical threshold. That price move didn’t happen in isolation. It comes as:
U.S. inflation remains sticky, despite Fed jawboning.
Treasury auctions are showing lukewarm demand — even at higher yields.
Central banks globally are buying gold at record pace.
And the dollar index (DXY) is quietly slipping.
In short: investors are looking for lifeboats. And Bitcoin is one of the loudest ones available.
The Dollar’s Quiet Unraveling
To be clear: the dollar isn’t collapsing. But the confidence behind it is eroding — and markets are catching on.
Here’s why:
Fiscal Recklessness: The U.S. is adding over $1 trillion in debt every 100 days. There’s no credible plan to reverse course.
Policy Paralysis: The Fed can’t cut without reigniting inflation. But it can’t raise without triggering a credit crisis.
De-Dollarization: BRICS+ nations are trading outside of the dollar system more than ever. U.S. sanctions have incentivized alternatives.
Bitcoin’s price is a leading indicator — not of tech enthusiasm, but of trust decay in traditional monetary systems.
🧇 Get the Full Stack Macro Picture
The mainstream media won’t connect these dots. But we do — and so does Waffle Street.
If you want a crypto-centric view on the interplay between U.S. currency devaluation and alternative stores of value, like BTC, make sure to check them out 👇
Your wallet will thank you later.
— Death