Decision Time In The Dollar Could Impact Bitcoin Trend Dramatically

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Bitcoin price is back trending upward after reclaiming $50,000 and the pivotal $1 trillion market cap level. With new all-time highs in sight, the only factor that could have a dramatic impact on the current crypto market trend, is a reversal in the dollar. This reversal has been brewing for some time, but has yet to come to fruition. It’s now decision time, and what happens in the dollar in the next 24 to 48 hours is especially critical for the continued bull market. How Bitcoin Has Benefitted From Ongoing Stimulus Efforts The last year has been among the worst in the dollar’s history, seeing a historic decline in the face of continued debasement by the US government. As more stimulus packages are approved, the overall fiat money supply continues to balloon and swell to unprecedented proportions. With the value of the dollar in decline, investors have sought to put…

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