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Price analysis 11/20: SPX, DXY, BTC, ETH, BNB, XRP, SOL, ADA, DOGE, LINK

The U.S. dollar is losing strength, and Bitcoin and select altcoins look ready to lift off.

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Bitcoin rally to $48,000 likely with BTC uptrend gaining strength in bull market

Bitcoin wallet addresses holding over $1,000 worth of Bitcoin climbed to a new high, pointing at rising demand for BTC among retail traders.

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Forex and Cryptocurrencies Forecast

For the eighth consecutive week, the U.S. Dollar Index (DXY) is rising, while EUR/USD is declining. The currency pair has retreated to levels last seen three months ago, settling in the 1.0700 zone. It was only the dollar bulls starting to lock in accumulated gains on Friday, September 8, that prevented further declines.

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