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pikajew
Jul 27, 2023 11:49 AM

Crypto bulls aren’t looking… Long

Market Cap USDT Dominance, %CRYPTOCAP

Description

I mentioned USDT in a previous post. While my projection was incorrect, the chart isn’t. Note that it continues to take short term highs, leaving lows in place. This is a consolidating chart leaning bullish, which is bearish for crypto. I will continue to keep an eye on this chart to know where we go next…. But I’m personally considering a short on btc when this reached its .786 fib.
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