The money is flowing from USDT to BTC and ALTS at the same time. This results in BTC.D and ALTS.D rising simultaneously, and so does BTC and ALTS. Exiting times.
Moral of the Story: BTC.D is not a good indicator if not combined with other factors. Unlike the common belief "when BTC.D rises Alts get rekt", both can rise together if the market is right.
Happy trading.
Conquerer
Moral of the Story: BTC.D is not a good indicator if not combined with other factors. Unlike the common belief "when BTC.D rises Alts get rekt", both can rise together if the market is right.
Happy trading.
Conquerer
Note
*Exciting...
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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.