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The Daily Hodl 2022-12-12 15:30:29

Bitcoin Bulls Shouldn’t Be Fooled by Weakening US Dollar, According to Crypto Analyst Benjamin Cowen

Crypto analyst Benjamin Cowen says traders may want to think twice before flipping bullish on Bitcoin just because the US dollar index (DXY) has shown some weakness in recent weeks. In a new strategy session, Cowen takes a look at DXY’s sharp downturn that has shaved off over 8% from its 2022 high of 114.77. The post Bitcoin Bulls Shouldn’t Be Fooled by Weakening US Dollar, According to Crypto Analyst Benjamin Cowen appeared first on The Daily Hodl .

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