$BTC The dollar shows a bearish correction (and that's good for bitcoin)
The value of the US dollar (USD) is showing some weakness, which may bode well for markets including bitcoin (BTC).
We can call this a bearish correction of the dollar, said the trader who identifies himself in Internet forums as Wick. Likewise, the specialist pointed out that this generates an impact on risk assets.
The depreciation of the dollar usually indicates that investors are moving from taking refuge in that currency to taking risk in the markets. That is why, as a consequence, its price experiences a decline while risky assets such as stocks, bitcoin and cryptocurrencies rise.