farhan.asad

USDT Dominance reaching key support

Short
CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
BTC just hit an all time high and the USDT.D has made a key low hitting the long running support line since 2018. This could result in a retrace of BTC as money moves back into stable coins and cash. We could see a retrace between 25-40% on an average based on historical cycles.
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