US Dollar Weakness Hinting at High Probability Setup for Bitcoin According to Real Vision Analyst – Here's When
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Crypto analyst Jamie Coutts suggests that a potential breakdown in the US Dollar Index (DXY) could signal upcoming Bitcoin price rallies. Historical data shows that significant DXY downward moves have preceded Bitcoin price increases of 30-60% within 90 days, potentially pointing to a strong May for cryptocurrency markets.
April 01, 2025 | 6:15 pm
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Analyst suggests historical correlation between DXY drops and Bitcoin rallies could indicate potential 30-60% price increase in May
Historical data shows 8 instances where DXY downward moves preceded Bitcoin price increases. Current market conditions suggest similar pattern may emerge, potentially driving Bitcoin prices higher.
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