As you see, the US Dollar and BTC are inversely correlated. This chart uses EMAs to expand the price volatility of the US Dollar index chart to better compare it with the change in price for BTC, a much more volatile asset. You may also notice that throughout Bitcoin's entire existence, the DXY has been in a long-term bull market. Considering that the US Dollar is in a downtrend since its inception and that most expect it to continue down that path, what could happen to bitcoin growth? Perhaps a longer term (5+ year) DXY bear market would put Bitcoin in unprecedented motion in terms of market cap growth.
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As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.