DXY Index Sees Fourth Largest Weekly Drop Since 2013: Is This a Bullish Signal for Bitcoin’s Bottom?
The DXY Index, which tracks the U.S. dollar’s strength against major currencies, has recently seen its sharpest weekly decline since 2013. This significant drop, greater than a negative four standard deviation movement, has only matched past events that coincided with bitcoin’s lowest prices, including notable downturns in November 2022, March 2020, and 2015. Historically, such ...
