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Bitcoin has been struggling with lower lows in recent weeks, leaving many investors questioning whether the asset is on the brink of a major bear cycle. However, a rare data point tied to the US Dollar Strength Index (DXY) suggests that a significant shift in market dynamics may be imminent. This bitcoin buy signal, which has only appeared three times in BTC’s history, could point to a bullish reversal despite the current bearish sentiment.
For a more in-depth look into this topic, check out a recent YouTube video here:Bitcoin: This Had Only Ever Happened 3x Before
BTC vs DXY Inverse Relationship
Bitcoin’s price action has long been inversely correlated with the US Dollar…
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