Bitcoin had a hard time dealing with more than $ 90,000 since it fell below $ 95,000 on February 24. Crypto assets have suffered serious prices over the past week, and BTC (Bitcoin )’s realization volatility has reached the highest level since the third quarter of 2024.
BTC annual volatility. Source: Glass Node
While the market turned more prices ahead of the first US encryption summit held at the White House, analysts focused on the US dollar plunge and the potential impact on Bitcoin.
Bitcoin, US dollar index correlation is a hint at the new top point.
James Coutts, a crypto analyst in Real Vision, provided more detailed analysis to investigate the historical relevance of DXY (DOFINING US DOLLAR Index) and Bitcoin. Coutts said DXY showed the third day in history, showing the third day of the three -day three -day decrease in history, which could promote the highest score of the new Bitcoin, exceeding -2.5%from -2%to -2.5%.
Bitcoin and DXY percentile changes. Source: X
Coutts have backed the correlation between DXY DIPS and Bitcoin Trends to solve past data since 2013 and analyzed the decrease in DXY in the range of 2% and 2.5%.
When the dxy value drops more than 2.5%:
Bitcoin has risen 100% of time.
The best case is that you can create +1 standard deviations at 65% or $ 143,000.
The basic case predicts the average return on the average 37% or $ 123,000 bitcoin price.
The worst results are 14% profit or $ 102,000 bitcoin prices.
For more than 2% DXY drop:
Bitcoin
The best case, +1 standard deviation of 57.8% or $ 141,000
Basic case, average return is 31.6% or $ 118,000
In the worst case, 14.6% reduction or $ 76,500
DXY decreased by 3% between March 3 and March 6, and Coutts made a “Bold Call” by May 2025 and predicted the new all -time high (ATH).
Dxy 1 week change. Source: X
Similarly, Julien Bittel, the macroscopic research director of Global Macro Investor, reflects the possibility of Bitcoin’s rise based on DXY’s current decline. Analyst
“1) Financial conditions are leading risky assets for months. 2) Right now, financial conditions are alleviated and quickly … ”
Related: Bitcoin forgets the strategy of ‘news event sales’ with 4% bounce.
Bitcoin Eyes “3” $ 140K
Santiment, a data analysis platform, emphasized that more than 50,000 wallets have been added to the network over the past month. The data suggested that 37,390 new wallets maintained 12,754 wallets between 0.1 BTC and 0.1-100 BTC, and six whale wallets each had more than 100 BTCs.
Bitcoin’s network growth chart. Source: X
This type of activity suggests that investors are optimistic about long -term prospects despite the decline over the last month.
From a technical point of view, Jelle, an encryption investor, believed that Bitcoin’s “Power of Three” setting is now active. Analyst
“Bitcoin still wants to regain $ 91,200. First of all -the force of the three settings. The goal is $ 140,000. ”
3 Bitcoin power in Settings. Source: X
Related: Bitcoin has a ‘50% or more opportunity’ of New High by June: Cory Klippsten
This article does not include investment advice or recommendation. All investment and trading measures include risks, and the reader must do his own research when making a decision.