ValerianK

USDT Dominance Rises, Bitcoin Declines, and Vice Versa

Long
CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
Hard to believe that BTC has reached its top and will have a strong retrace downward.

When USDT dominance goes down, BTC goes up and vice versa. Right now, USDT dominance has reached a resistance trend line and tagged a previous low.

A retrace for USDT dominance to the upside is very likely, which means Bitcoin is going to dump, and with it, all the altcoins.

As soon as USDT dominance reaches the upper trend line that serves as resistance, it is time to invest in Bitcoin again (not financial advice).

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