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andre_007

Dominance of USDT vs Bitcoin price

Long
Bitcoin (INDEX:BTCUSD)  
andre_007  
INDEX:BTCUSD   Bitcoin
Wedge Oscillators Support and Resistance Bitcoin (Cryptocurrency) BTC BTCUSD BTCUSDT bitcoinindex usdt usdtdominance Relative Strength Index (RSI) wedgesdescending
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wedgepattern oscillator supportandresistance bitcoin btc btcusd btcusdt bitcoinindex usdt usdtdominance relativestrengthindex wedgesdescending
The dominance of USDT (Dollar Tether marketcap in relation to the total marketcap of all cryptocurrencies) is at a key point.
See graph with red line.
Which translates into a great time despite today's chaos.
We are close to finding the next BTC bottom.

Furthermore, on the RSI we have a bullish descending wedge.
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