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The Dollar Index Drop Signals Bitcoin Bottom

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The Dollar Index Drop Signals Bitcoin Bottom

Introduction The recent sharp decline in the U.S. Dollar Index (DXY), marking its fourth largest weekly drop in over a decade, has drawn significant attention from investors worldwide. Historically, steep declines in the DXY have often coincided with key turning points in Bitcoin (BTC) price action, leading many to speculate whether Bitcoin is nearing a … Read more

Bitcoin Price Heads South: Where Can BTC USD Find a Bottom?

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Bitcoin price is in bear hands today and yesterday. BTC is currently hovering around $88,000 and trading at 20% below the ATH of $109,900 at the time of writing. When crypto sees a drop like this, fear can overcome rationality and reason. A good trader must keep a level head and avoid involving emotions, not … Read more