USDT dominance is inversely proportional to market movements.
If emptied, the market will pump and vice versa.
Technical Analysis: –
As we speak, domination is approaching
This happens to be an important point for the market.
Remember, if you zoom out, a breakout and a close above this channel will lead to more dumping in the market.
While if we break the lower support, the green zone. BTC It could rise around $22,000 again.
Keep in mind that we are stuck in the $18.5K to $20K range.
Conclusion: This will likely be the last quarterIMO sooner or later I expect this range to collapse.
Do your own research, this is not financial advice.
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