Being the worlds reserve currency, however, the dollar is expected to maintain its strength and recover from the downturn as soon as things get back to normal.
who expects this?
i'm no expert but i've been reading a lot of experts talking about how there is going to be a crash soon thanks to the extreme amount of dollars that Fed has printed over the past decade specially the gigantic jump in printing dollar over the past couple of months.
We all know that dollar downtrend normally coincides with bitcoin uptrend,
we haven't had enough dollar downtrend to coincide with bitcoin uptrends while we had lots and lots of uptrends in bitcoin over the past 11 years.
although some say bitcoin's value didn't really increase and instead it's dollar's value that deceased.
over the past month bitcoin price has gone up about 36% but dollar value hasn't yet tanked that much.
so bitcoin value did rise but it has nothing to do with dollar value dumping. not yet anyways.