Bitunix analyst: The US dollar hit a three-year low, risk aversion is heating up, if BTC breaks through 86,000 US dollars, it may rise to 90,000 US dollars

April 19 news, this week the US dollar index fell for four consecutive weeks, hitting a three-year low of 99.4, the year fell more than 8%. Dollar weakness combined with inflation and trade policy uncertainty, stimulate the market safe-haven demand, capital to accelerate the flow of gold and non-US currencies. Gold rose 2.76% this week, hitting a record high of $3,357.68/ounce. US stocks were under pressure simultaneously, the Dow Jones and Nasdaq fell more than 2.6% weekly, and the Federal Reserve's statement not to rescue the market further exacerbated market tensions. Under the dual pressure of the US dollar and the stock market, the potential of crypto assets as an alternative safe-haven tool has once again attracted attention.
Bitunix analysts suggest that if gold continues to strengthen and the US dollar index continues to weaken, mainstream cryptocurrencies are expected to usher in capital inflow opportunities. BTC's short-term key range is between 83,000 dollar support and 86,000 dollar pressure. If it successfully breaks through, it is expected to challenge the 90,000 dollar integer mark and start a new round of upside.