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Ever wonder what really drives Bitcoin's price swings?
Here's the thing most traders miss: crypto doesn't operate in isolation. The U.S. Dollar Index (DXY) acts as the invisible hand steering global capital flows. When the dollar strengthens, liquidity tightens. When it weakens? Risk assets like BTC tend to catch a bid.
Dan's chart analysis reveals a crucial pattern—every major Bitcoin rally or correction traces back to shifts in dollar dominance. It's not just about on-chain metrics or technical levels. The macro backdrop matters. A lot.
If you're positioning for the next move, keeping one eye on DXY isn't optional. It's the chart that explains why markets turn when they do. Dollar strength? Expect headwinds. Dollar weakness? That's when things get interesting.
The playbook is simpler than it looks: follow the liquidity, follow the money.