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Bad omen? The US dollar and Bitcoin are falling in a rare trend By Cointelegraph

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Bad omen? The US dollar and Bitcoin are falling in a rare trend

The price of (BTC) was struggling to stay above $ 56,000 on April 20, which groups of whales marked as a crucial price level in the short term.

However, the (DXY) has continued to decline in recent weeks, falling to its lowest point in seven weeks at 90.85.

Bitcoin (blue) vs DXY (orange) Source: TradingView
1-day candlestick chart. Source: TradingView
4-hour price chart (Binance). Source: TradingView