Here's another reason why $BTC is under pressure.
It's because the US dollar is gaining traction once again.
The correlation is easy to see. Take a look at the chart below.
Throughout 2026, we've seen 4 clear inverse correlations between the DXY and Bitcoin.
4 times, including the one we're seeing right now.
This is because the Fed is back on a rate hiking cycle, pulling liquidity elsewhere back to the USD.
Since BTC is paired against the USD, as the dollar strengthens, BTC will face selling pressure.
It's because the US dollar is gaining traction once again.
The correlation is easy to see. Take a look at the chart below.
Throughout 2026, we've seen 4 clear inverse correlations between the DXY and Bitcoin.
4 times, including the one we're seeing right now.
This is because the Fed is back on a rate hiking cycle, pulling liquidity elsewhere back to the USD.
Since BTC is paired against the USD, as the dollar strengthens, BTC will face selling pressure.