Data challenges the DXY correlation to Bitcoin rallies and corrections ‘thesis’ Post author:MiamiCrypto Post published:September 16, 2022 Post category:correlation / Dollar / DXY / ETF / Fed / Markets / Tesla 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. You Might Also Like Bears intend to pin Bitcoin price below $43K until Friday’s $700M expiry passes September 30, 2021 Technical Analysis: Quant Climbs 20%, as Loopring Selloff Extends February 2, 2022 Bank of England leaves rates unchanged as inflation climbs to eight-month high December 19, 2024