09-18-2022, 08:19 AM
Data challenges the DXY correlation to Bitcoin rallies and corrections ‘thesis’
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDkvZjYyZjc4MDMtZDc5ZS00NDQyLTkzODQtYWE0YmFiNjQ4NzIwLmpwZw==.jpg"></p><p>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.</p>
https://cointelegraph.com/news/data-chal...ons-thesis
<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjItMDkvZjYyZjc4MDMtZDc5ZS00NDQyLTkzODQtYWE0YmFiNjQ4NzIwLmpwZw==.jpg"></p><p>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.</p>
https://cointelegraph.com/news/data-chal...ons-thesis