• Alpha 12
  • Posts
  • How The Surprise Surge of The US Dollar Might Affect Bitcoin

How The Surprise Surge of The US Dollar Might Affect Bitcoin

Is It A Cause For Concern?

Author

Alpha 12 Team
October 08, 2024

In partnership with

Market Overview

Last week we said: “We’re leaning to believe there’s a bit more downside to come before the true rally starts.”

And indeed, price fell 5% since then.

We still maintain that Q4 will be immensely positive for Bitcoin. Nothing has come forward to change that bias.

But there are a few short-term stuff that could pose some risks in the near term. Like the US Dollar rising.

We will go over them in this newsletter and give you an update on the memecoin emergency alert we sent our premium subscribers.

We sent out a DEPLOY NOW signal alert to our premium subscribers to buy this coin.

DEPLOY NOW is our highest conviction alert, which means we recommended taking a significant size in it.

Imagine you were able to lock in 85% in a single week.

Lucky for you, we’re sending out another high conviction pick today.

But you have to be a premium subscriber.

You must upgrade now. You can do it here: https://alpha-12.com/upgrade.

We’re also giving an update on our proprietary indicator that allowed us to give you perfect market calls for months.

You know, the one that leads price like that:

We’ll show you what it’s doing today.

So upgrade now: https://alpha-12.com/upgrade.

Also, just click on this ad right here below.

AD BREAK

The Daily Newsletter for Intellectually Curious Readers

If you're frustrated by one-sided reporting, our 5-minute newsletter is the missing piece. We sift through 100+ sources to bring you comprehensive, unbiased news—free from political agendas. Stay informed with factual coverage on the topics that matter.

Subscribe to Premium to read the rest.

Become a paying subscriber of Premium to get access to this post and other subscriber-only content.

Already a paying subscriber? Sign In.

A subscription gets you:

  • • Subscriber-only posts and full archive
  • • Access to paywalled insights and metrics.
  • • Access to a hedge fund-style portfolio with weekly updates.
  • • Real-time alerts on what to buy and sell.