The US Dollar Index is Decreasing - Positive for Cryptocurrency

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#DXY #Analysis
Description

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+ The Dollar Index has breached its support level and is now trading below it, moving toward the next support zone around $100.
+ This development is positive for Bitcoin and the broader cryptocurrency market, as the US Dollar Index typically declines during a bull run.
+ In the long term, I anticipate further declines, potentially reaching the $90 range.
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Enhance, Trade, Grow
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Best Regards,
VectorAlgo

Penafian

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