xtremerider8

USDT dominance: tool to anticipate rotation back into BTC+alts

CRYPTOCAP:USDT.D   Market Cap USDT Dominance, %
USDT dominance, like in my last BTCSHORT post, is also a useful tool to approximate when BTC may bottom & when USDT coins will rotate back into BTC+Altcoins.
This monthly chart suggests that BTC still have some room to fall (still a small space to reach the top of wedge) before a real rally.
Not trading advice

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.