Bitcoin (BTC) has sung to the tune of the US Dollar for as long as we can remember. This is how it goes with the US Dollar and emerging markets. The above chart for dollar index shows how Bitcoin (BTC) has performed at critical stages of the Dow Jones Dollar Index for the past several years. In July 2014, the dollar index began a new rally. As soon as the first candle of that rally formed, Bitcoin (BTC) plunged into a second correction.
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