The dollar’s strength continues to hinder Bitcoin’s recovery efforts. As far as I’ve observed in recent weeks, with central banks’ tightening programs in place, the U.S. dollar index is rising, which accelerates the outflow of funds from risk assets. The moment Bitcoin can begin an upward move seems to require a slight easing of dollar pressure. At the moment, the macro environment is not very favorable for Bitcoin; the stronger the dollar remains, the harder the recovery will be. How the dollar trend evolves in the coming period will be extremely important, because it could largely determine the direction of the kripto piyasası.

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