The U.S. dollar is starting to weaken once again as sellers are pushing the U.S. Dollar Index (DXY) downward, which could strengthen the momentum of Bitcoin (BTC) in the near term.
Well, I don't know how the strength of Bitcoin will be empowered with that news because I have observed that Bitcoin's dominance in the general market cap has dwindled against other cryptos to around 55% or so. From experience, it all looks like Bitcoin will dip further from this point instead of going up.