🇺🇸😱 Bank of America’s February survey shows #bearish U.S. dollar positions have dropped to the lowest level since 2012, with allocations historically underweight. Since early 2025, #Bitcoin has shown an unusual positive correlation with the U.S. Dollar Index, with the 90-day correlation reaching 0.60. Analysts say continued dollar weakness may pressure Bitcoin, while a short-covering rebound could lift it and increase volatility. #CryptoTrading


$BTC
BTC-3.6%
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin