If the dollar's headed lower, Bitcoin's headed higher
Just watch the dollar to find out where bitcoin goes
Those who have followed bitcoin for an extended length of time likely know of a very interesting macro correlation.
That correlation is between bitcoin and the dollar.
So goes the dollar, so goes bitcoin.
Check it out:
(Source: https://twitter.com/StockmoneyL/status/1632659791385440260/photo/1)
As the dollar dips, bitcoin rips and vice versa.
I suspect the dollar is about to see some weakness in the medium term which will help push bitcoin higher.