Bitcoin stochastic RSI is hinting at a bear-market bottom thanks to multiple similarities to early 2023, a trader says.

The US dollar and Bitcoin have a mutually beneficial relationship, driving demand in a reinforcing cycle, and strengthening the position of the US dollar.

Institutional ownership is reshaping supply dynamics. Short-term price risk remains despite tightening supply. Bitcoin held on crypto exchanges has fallen to levels last seen in 2019, raising ...