Bitfinex analysts predict Bitcoin surge as Dollar Index dips

The Dollar Index (DXY) is down 1.1% since its 6-month peak registered on May 1st, and this is a sign of a very bullish 2024 second half for Bitcoin (BTC), according to Bitfinex analysts. Bitcoin and DXY have a notorious inverse correlation, which means that pullbacks in the Dollar Index are met by BTC growth. After the Federal Open Market Committee (FOMC) meeting last week, the DXY crashed... source: https://cryptobriefing.com/bitcoin-bullish-trend-analysis/