Weakening U.S. Dollar May Prime Bitcoin for Rally Amid Historical Inverse Correlation
A significant decline in the U.S. Dollar Index (DXY) signals potential upside for Bitcoin, as historical patterns demonstrate a strong inverse relationship between dollar strength and cryptocurrency valuations. The DXY is currently trading 6.5 points below its 200-day moving average… Read More »Weakening U.S. Dollar May Prime Bitcoin for Rally Amid Historical Inverse Correlation