U.S. Dollar (/DX) Going Strong | Bitcoin New To A Recession

Published: May 10, 2022, 3:32 p.m.

b'There are still many tailwinds for the U.S. dollar (/DX) so any pullback will be met with buying opportunity, says Scott Bauer. He sees the new range at the $103 to $105 level in the dollar. We are in a "sell the rally" mentality as opposed to "buy the dip," say Scott. He is watching the euro (/6E) and the British pound (/6B) because of its correlation to the Russia-Ukraine situation. Scott and Ben analyze the yen (/6J) and other currencies. He discusses how bitcoin (/BTC) has never been through a recession before.'