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 Nansen unveils new tool to track smart funds and real-time trading moves June 6, 2024 Bitcoin, Ethereum Primed For Increased Volatility September 13, 2021 Assuming Bitcoin plays nice, higher timeframe analysis points to $90 Solana (SOL) price May 24, 2022