Andre Dragosch, head of research for cryptocurrency asset manager Bitwise Europe, expects the US dollar to strengthen this year, hampering Bitcoin's growth. The dollar index (DXY) has been rising since Donald Trump was elected US President in 2016. Historically, dollar strength negatively affects risky assets like Bitcoin. Since Trump's election, Bitcoin and the dollar index have moved in tandem, aligning with market interpretations of Trump's pro-Bitcoin stance as positive for the cryptocurrency. However, the US economy is performing well, with GDP growth exceeding 3 percent and inflation rising above the target rate. Only two interest rate increases are anticipated this year, potentially limiting Bitcoin's upside potential. Despite the potential challenges posed by dollar strength, Dragosch remains optimistic about Bitcoin's long-term prospects.

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