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Bitcoin Can Visit $11,000 As The US Dollar Index Strengthens

Analysts are seeing a potential Bitcoin rally in the making, as the price of the USD fiat currency increased its value today. Bitcoin can visit $11,000 according to many, mostly because of the recent reversal of the Dollar Strength Index. While many believed that the dollar would actually go lower from where it was, a surprising rally showed that the fiat currency is strong, and Bitcoin still has a CME futures gap unfilled at $9,600 but that does not mean that $11,000 won’t be reclaimed soon. The price of BTC has been stagnating in the recent weeks, as it could…

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VISA Executive Calls For BTC Buying With Link To Dollar Index

A new key bull trigger for Bitcoin has reemerged in the latest cryptonews as one Visa executive calls for a new BTC surge, advising consumers to “opt out with Bitcoin” amid the dollar craze. As the USD currency lost its value, BTC is inches away from getting a new boost, the executive claims. He even said that the boost that got Bitcoin to the price of $12,500 earlier this month was correlated with the dollar. On August 28, the US dollar currency index (DXY) returned to crucial low levels, after losses caused by a speech from the Federal Reserve (Fed)…

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