CandleFocus Bitcoin Bottom Signal Seen in the Last FTX Crash Is Back! – Analyst Points to May for ATH!
2025-03-08
Author: Content Editor
The US Dollar Index (DXY) has experienced a significant decline, which market analysts believe could be a bullish sign for Bitcoin. Data shows that whenever DXY has declined by more than -4 standard deviations, it has coincided with a bottom for Bitcoin, followed by significant price increases. Analysts predict that Bitcoin could reach a new all-time high by May.
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