Bitcoin ve altcoinler While continuing to exhibit quite volatile movements, US Dollar Index (DXY) He also experienced one of the hardest decreases.
According to the data shared by market analyst James van Straten, DXY’s weekly decrease -4 has exceeded the deviation. Analyst is a rare event that took place only three times in the history of Bitcoin. He said this harsh decline in DXY could be a bottom sign for Bitcoin.
According to the analyst, the weekly decline in DXY exceeded the deviation -4 deviation in November 2022, when Bitcoin reached $ 15,500 under the FTX collapse; It was seen in March 2020 and in the 2015 market, when Bitcoin fell below $ 5,000.
According to the analyst, historical data shows that DGY overlaps with a Bitcoin bottom point every time when the -4 -4 standard deviation has a greater decrease in a larger deviation, and then significant price increases.
Except stratens Real Vision analisti Jamie Coutts Da said that the important decreases in DXY are strongly associated with the rise tendencies in Bitcoin.
Stating that the harsh decline in DXY was historically associated with Bitcoin bottom levels, Analyst said that since 2013, Dxy has fallen more than 2.5 %in three days and that BTC prices rise in the next 90 days, he said.
Stating that Bitcoin provides an average return of 37 %with a 100 %success rate during this period, Coutts announced that this rate corresponds to a price of a BTC of approximately $ 123,000.
Analyst also stated that DXY has experienced the 4th largest 3 -day decline since 2013 and said that this was the bottom for Bitcoin and that he was waiting for a new AC until May:
“The stage is ready to reach the highest level of a new time of Bitcoin until May. “
When looking at this recent move in the DXY through a historical lens, its challenging to be anything but bullish. I ran a signal screen for 3-day negative moves of more than -2% & -2.5% and found they have all occurred at Bitcoin bear market troughs (inflection points) or… pic.twitter.com/Lc6izl5U2A
— Jamie Coutts CMT (@Jamie1Coutts) March 6, 2025
*It is not an investment advice.
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Source: https://www.bitcoinsistemi.com/bitcoinde-en-son-ftx-cokusunde-gorulen-dip-sinyali-yeniden-yandi-analist-ath-icin-mayis-ayini-isaret-etti/
