📊 A rare Bitcoin buy signal emerged as the US Dollar Index (DXY) dropped 3.4% in a week. This sharp DXY decline has only occurred 3 times in BTCs history, each preceding significant rallies.
While BTCs price action remains weak short-term, historical precedent suggests a period of consolidation could be followed by a major uptrend. Analysts are closely watching for signs of a trend reversal.
https://bitcoinmagazine.com/markets/rare-bitcoin-buy-signal-could-ignite-next-btc-rally