Currently, Bitcoin's short-term trend remains bearish. It has yet to confirm any bullish trend reversal. Crypto analyst Josh said in his latest analysis that Bitcoin is still showing a short-term bearish signal. He also said Bitcoin has seen a repeat of past price movements.Analyst Josh checked the Bitcoin chart, he found that the DXY (U.S. Dollar Index) was trending higher, making higher lows and higher highs, indicating a bullish trend for the DXY. Since Bitcoin was around $67,000. When DXY trends upward, it usually means bearish momentum for Bitcoin and vice versa.
It's always easy to speculate on current market conditions to try to convince fans or followers.
Bitcoin is different from the dollar or currencies like the dollar in my opinion that still don't really care what happens to the Bitcoin price market in the short term.
I admit that maybe people like Josh have good analytical skills, but to analyze Bitcoin like this, I don't really listen to it seriously.
$61,000 can become $80,000 or it can go back to $50,000. The point is, 1BTC=1BTC