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The Daily Hodl 2022-04-13 11:45:52

Will the US Dollar Decide Bitcoin’s Next Move? Analyst Benjamin Cowen Looks at BTC’s Connection to USD

Popular crypto analyst Benjamin Cowen says Bitcoin (BTC) traders should pay close attention to the US dollar index (DXY). In a new YouTube update, Cowen tells his 725,000 subscribers that bullishness for the DXY tends to be bad for Bitcoin. According to data from MarketWatch, the dollar index has been on a relatively steady uptrend […]The post Will the US Dollar Decide Bitcoin’s Next Move? Analyst Benjamin Cowen Looks at BTC’s Connection to USD appeared first on The Daily Hodl.

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