Concerns over the U.S. dollar’s impact on Bitcoin may be overstated by investors, particularly in the longer term.
Category: dollar strength index
Auto Added by WPeMatico
Can Bitcoin repeat a 2017-like rally as dollar correlation reverses?
The Dollar Index disconnect from Bitcoin does not necessarily mean that BTC price is about to experience a big rally, historic data suggests.
Powered by WPeMatico
Bitcoin price approaches potential springboard to $23K as DXY cools surge
With support and resistance inches from spot price, BTC/USD has increasingly little room to consolidate.
Powered by WPeMatico
U.S. dollar index retreats from 20 year highs — but will DXY topping spark a Bitcoin recovery?
Strong euro and overbought readings could pressure the dollar further, showing signs of topping out—Bitcoin at risk of falling.
Powered by WPeMatico
Bitcoin price slow to react as US dollar rally stops at 20-year highs
A failure to hold $40,000 comes as the U.S. dollar currency index finally weakens.
Powered by WPeMatico
Bitcoin rebounds off 6-week lows amid warning of ‘brutal’ BTC price bull trap
As the U.S. dollar challenges March 2020 highs, all bets are off when it comes to fresh Bitcoin price strength.
Powered by WPeMatico