Not only from the liquidity standpoint, but also from the ECONOMICAL standpoint.
Read this thread and understand..
The Dollar Index...
So, from the economical standpoint..
BULLISH Dollar = Less Dollar supply circulating in the economy which is BAD for the economy.
BEARISH Dollar = More Dollar supply circulating in the economy which means people have more $ which is GOOD.
At the moment, we're witnessing Bitcoin bottom out in perfect sync with the Dollar.
I'm not saying BTC will make a new All Time High, but this sure does set the stage for a Low-Risk environment for BTC to move up to 26K.