BTCUSD’s Wed-Sat bounce is increasingly at risk of further unwinding in the next few weeks with continued fragility in the US Dollar.• Counterintuitively for some, Bitcoin does not always correlate negatively with the US Dollar, where if the US Dollar ends a major bull market going back to September 2011, it could further heighten fears for risk off selling where even Bitcoin sells off strongly. The big question is when Bitcoin will step up to being a store of value.
