Internet reports that the US dollar index (DXY) is hovering near multi-year lows after falling below the psychological level of 100. Andre Dragosch, head of European research at asset management firm Bitwise, pointed out that Goldman Sachs 'research still indicates that DXY still has room for downside in the future. Trader BitBull said that DXY is falling at the fastest rate since 2023. In early 2023, Bitcoin and altcoins were recovering from the trough of the 2022 bear market, when Bitcoin had bottomed out in the fourth quarter of 2022 and rose by more than 200% within a year, Bitcoin is expected to see a similar rebound in 2023, as Bitcoin optimism will continue to focus on the weakening of the US dollar.