100%. This contrast between DXY performance and Bitcoin-denominated value demonstrates how traditional forex metrics can create misleading narratives about currency strength.

While forex markets celebrate the dollar’s relative strength, the fundamental weakness of fiat currencies becomes apparent when measured against hard assets. The DXY’s technical analysis showing bullish patterns becomes less relevant when considering the broader context of monetary debasement.

This situation perfectly illustrates why measuring value requires careful consideration of the measuring stick itself, as traditional Keynesian forex metrics can obscure the true economic picture of monetary value.