The relationship between Bitcoin and the US Dollar

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delphinemukan
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Can you reduce risk by converting from USD to BTC and BTC to USD at various times within the market cycle? Historical data shows how we may use macro-trends to systematically reduce risk during various phases of Bitcoin's market cycles. We take a look at the 20 week moving average of DXY and make comparisons to Bitcoin. Historically speaking, Bitcoin does quite well when the US dollar is underperforming. However, Bitcoin tends to have extended bear markets when the US dollar is overperforming. What do you guys think of this analysis? Let me know in the comments below!

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