Bitcoin price eyes $50K as the US Dollar retreats after hitting its one-year high

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Bitcoin (BTC) looks to reclaim $45,000 connected Oct. 1 arsenic the U.S dollar retreated little aft hitting its one-year high. Bitcoin's choky inverse correlation with the greenback implicit the past period suggests that a weakening dollar could propulsion BTC terms adjacent higher successful the coming sessions. 

Bitcoin-dollar correlation connected hourly chart. Source: TradingView.com

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