DXY AND BITCOIN

Will a dollar collapse push BTC beyond $100,000?

The behavior of bitcoin has always been fascinating for analysts and traders, not only because of its own dynamics but also because of its relationship with other assets, especially with the US dollar index (DXY). Throughout history, an inverse correlation has been observed between the price of $BTC and the DXY, meaning that when the dollar strengthens, bitcoin tends to fall, and vice versa. This relationship has led many to speculate about a possible key moment for the largest cryptocurrency, given the current market context. $BTC

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