Market Update -btcusd
The signs are that we should see some volatility soon.
USDT dominance is coming to a decision point where the resistance trendline is meeting the support area on which it is currently sitting on. Lose the support and BTC moves up, breaks out and we see a pullback.
The Bitcoin Volatility Index is now at the October lows, which tells us everything about the price action over the last couple of days.
The signs are that we should see some volatility soon.
USDT dominance is coming to a decision point where the resistance trendline is meeting the support area on which it is currently sitting on. Lose the support and BTC moves up, breaks out and we see a pullback.
The Bitcoin Volatility Index is now at the October lows, which tells us everything about the price action over the last couple of days.