As the USDT dominance rises, you can see that the money is running out of the coin.
USDT dominance should fall below 1.92, and if it falls below 1.70, I think it is very likely that alt coins will rise.
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An upward gap has occurred in the USDT Dominance Chart. It is expected that a new USDT will be issued. It seems that the funds are preparing to enter the coin market. However, USDT dominance must fall in order for funds to enter the coins.
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Why is there so much USDT issuance?
I think a huge amount of money is preparing to enter the coin market.
I never thought of looking at USDT.d as a tool to use to judge the market. Thank you
aatxwn
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@ceesounds, i agree thankful for twitter @readCrypto🤘🏾. I've always used btc.d, xrp.d, etc lol i laughed out loud when i read his comment about using btc.d & usdt.d together .
totoroha
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Would you please take a look at the current spike up to 32% in 1hr timeframe of USDT.D ? Is that a sight that the $ is pumping into the market to pump the price of btc?
readCrypto
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@totoroha, Just think that the funds are preparing to enter the coin market.
totoroha
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@readCrypto, but i thougt " As the USDT dominance rises, you can see that the money is running out of the coin." ??
readCrypto
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@totoroha, Dominance rose as the gap was issued. I think the story is likely that the coin was not sold, but was newly issued.