Presently, should we say it's good the way bitcoin its been tied to dollars? Dollars is not backed up with any resources but to my understanding, bitcoin is a product of great energy surge. We shouldn't let bitcoin tied to dollars but bitcoin standing on its own. What could decide the durability and value of bitcoin? I have some ideas..
Bitcoin and dollars are like positive and negative electricity, where they cannot move forward or down equally; they must always be opposite to each other. That's what happens in the market. When Bitcoin rises, there is a fall in the dollar.
And when there is an increase in the dollar, the value of Bitcoin falls, and to monitor that, that can that seen here at
https://www.marketwatch.com/investing/index/dxy in short, they cannot be tied up in my own opinyon.