DXY is falling — Is BTC preparing for a new rally?
🔵 When the dollar index (DXY) drops below the 365-day average, Bitcoin almost always enters a bullish phase.
🔵 Currently, DXY is at a 21-year low and lags behind the 200-day average by a record 6.5 points. In such moments, capital often flows from the dollar into risk assets, including BTC.
🔵 Although BTC has not yet reacted to the weakness of the dollar, historically this is a sign of increasing liquidity and the early phase of a bull run.#BTCBreaksATH