Bitcoin's recovery potential looks limited unless the dollar weakens considerably, XM analyst Achilleas Georgolopoulos said in a note. The cryptocurrency last traded down 1.1% at $62,750, although it has recovered slightly from the 20-month low of $59,125 reached Friday, LSEG data show. A sustained rise towards $75,000 is necessary to invalidate the current negative sentiment, Georgolopoulos said.