🇺🇸😱 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
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🇺🇸😱 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