A notable analyst has identified a potential bullish signal for cryptocurrencies and risk assets, based on the dollar index. The dollar index recently dropped below 100 for the first time since July 2023, indicating a weakening US dollar that often boosts investor appetite for riskier assets like crypto and stocks. This recent movement is not unlike historical trends, as the analyst has shown in his latest post. This specific pattern coincides with past bull runs for Bitcoin and risk assets, including the surge that followed Bitcoin’s recovery from its 2023 bear market. The analyst’s observations have been widely circulated on X, where users are sharing and discussing this significant development. The historical correlation between a weakening dollar index and crypto markets is noteworthy, as it provides potential insight into what might be brewing for the future of Bitcoin and risk assets.