Post by: newshunter on September 19, 2022, 07:00:31 AM
Analysts and traders strongly adhere to the “Bitcoin is inversely correlated to the strength of the U.S. dollar index” thesis, but a closer look at the data suggests otherwise.
Source: Data challenges the DXY correlation to Bitcoin rallies and corrections ‘thesis’ (https://cointelegraph.com/news/data-challenges-the-dxy-correlation-to-bitcoin-rallies-and-corrections-thesis)
Would appreciate your opinion about this