Inverse Correlation with USD Index (DXY)

Hello.

On the Top you can see the Bitcoin Chart and below i inserted the DXY (US Dollar Index - Orange).

It seems Bitcoin roughly correlates Inversely with the DXY since 2014 and behaves alot like other Currency´s which trade against the USD.
It kinda makes sense since Bitcoin wants to replace the Dollar one Day.
One may wants to start charting the DXY too as it seems it can give important informations when bear/bull markets start.
Altho Im pretty bearish on DXY the coming years, im still skeptical if this really means Bitcoin will be bullish. Nonetheless its an interesting Correlation i wanted to share.

At this stage i still consider Btc a high risk investment and i advice to only invest what you can afford to loose.
Best case for this bullrun i see is 180k, worst is that its already over.

DYOR and please leave a like :)

FUN fact: According to this website (fiatmarketcap.com/) Bitcoin "only" has to do roughly 20x from here to replace the Dollar and has 0.8% Marketcap of all Fiat Currency (Didnt verify it myself)

註釋

If this turns out to be beginning of a bear trend the famous -85% would be in this white zone.