The US Dollar Index (DXY) has dropped below its 200-day moving average for the first time since November, indicating a bearish signal for the currency. This decline has led to speculation about bullish momentum for risk assets, including digital assets like Bitcoin. Analysts believe that the weakening dollar and expanding global money supply are positive for cryptocurrencies. There are also indications that the decline in the dollar could be attributed to President Trump's trade policies. Technical analysts are monitoring key levels for the DXY, and if certain levels are breached, it could lead to further declines and potentially drive capital flows into alternative assets like cryptocurrencies. Additionally, the growing global M2 money supply is seen as a catalyst for a potential Bitcoin rally in the near future. As of now, Bitcoin is trading above $90,000 and has shown a modest surge since Thursday's session.



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