{"id":16699,"date":"2025-03-07T15:16:56","date_gmt":"2025-03-07T15:16:56","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16699"},"modified":"2025-03-07T15:16:56","modified_gmt":"2025-03-07T15:16:56","slug":"the-fourth-largest-weekly-drop-in-dollar-index-in-over-a-decade-signals-bitcoin-bottom","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16699","title":{"rendered":"The Fourth Largest Weekly Drop in Dollar Index in Over a Decade Signals Bitcoin Bottom"},"content":{"rendered":"<div>\n<p>The DXY Index, has experienced one of its sharpest one-week declines since 2013. The index measures the strength of the U.S. dollar against a basket of major currencies. <\/p>\n<p>According to Bloomberg data from Global Macro Investor, the index\u2019s one-week percentage drop has exceeded a negative four standard deviation move\u2014a rare event that has only occurred three other times in bitcoin&#8217;s (BTC) history.<\/p>\n<p>These previous occurrences include November 2022, when bitcoin hit its cycle low of $15,500 during the FTX collapse; March 2020, amid the covid 19 pandemic, when bitcoin briefly fell below $5,000; and the 2015 bear market, when bitcoin traded around $250. Each time the DXY Index suffered a drop larger than a -4 standard deviation, it coincided with a bitcoin bottom, followed by significant price gains.<\/p>\n<p>Additionally, <a href=\"https:\/\/www.coindesk.com\/markets\/2025\/03\/05\/dollar-index-declines-below-105-as-bitcoin-surges-past-usd88-000\" target=\"_blank\">CoinDesk research<\/a> highlights that the DXY Index is currently declining at a faster rate than in President Trump&#8217;s first term\u2014 a period that aligned with the 2017 bitcoin bull run. A decline in the DXY Index tends to be favourable for risk-assets, however a DXY index above 100, is still considered strong, currently at 103.8. <\/p>\n<p><img decoding=\"async\" src=\"https:\/\/cdn.sanity.io\/images\/s3y3vcno\/production\/d1f434436ae6221db34791f521fcb9d72572fbf8-1924x1085.jpg?auto=format\" alt=\"\"><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The DXY Index, has experienced one of its sharpest one-week declines since 2013. The index measures the strength of the U.S. dollar against a basket of major currencies. According to Bloomberg data from Global Macro Investor, the index\u2019s one-week percentage drop has exceeded a negative four standard deviation move\u2014a rare event that has only occurred [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":5,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16699","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16699","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16699"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16699\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16699"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16699"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16699"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}