#Dollar / #Bitcoin correlation 🔀

I've previously described the correlation, and it's clear to everyone: a weaker DXY is positive for $BTC

📝Recently, the dollar has grown significantly and seems close to a local maximum (the chart is inverted). This demonstrates the strength of Bitcoin, as it was able to rise even against a strengthening dollar.

💡Imagine its movement when the new administration plans to lower the dollar price like they did last time. I think we will see a similar scenario as in 2017, when the dollar, from a local maximum, begins to provide a tailwind to the movement of assets that trade against it.