The US Dollar Index (DXY) has dropped to its lowest level in four months due to speculation about a coordinated US-Japan yen intervention and weak dollar fundamentals. Analysts warn the DXY may fall further below long-term support levels, which historically supports gains in traditional safe-haven assets like gold and silver. Bitcoin's inverse correlation with the dollar and its connection to the yen carry trade suggest potential strong upside momentum for BTC if the dollar continues to weaken.
