10x Research reports that the strengthening of the US dollar is not conducive to Bitcoin, and the bear market low window is approaching

10x Research has released a report stating that the strengthening of the US dollar is unfavorable for Bitcoin, and the US dollar model has triggered six sell signals since 2011, with the last one occurring in November 2025. 10x Research believes that the market has mistakenly used global liquidity indicators, combined with the trend of the US dollar, global liquidity, and other macro driving factors, to analyze that the time window for the low point of Bitcoin's current bear market is approaching.