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📉 The dollar is at its lowest level in 3 years!
🔥 And Bitcoin is strong from the price explosion!
The US dollar (DXY) could fall below 99 for the first time since 2021, indicating a clear weakness in the value of the global dollar.
Why is this important?
There is a well-known inverse relationship between the US dollar and Bitcoin:
The weaker the dollar...the more demand for Bitcoin increases as an asset to mitigate inflation and economic collapse.
Current situation:
• The dollar breaks three-year support
• Don't run away from fiat currencies
• Bitcoin has the potential to be a catalyst for technology and the economy right now