Based on the inverse correlation between USDT dominance and Bitcoin, Bitcoin could see a bounce soon.
The indicators show a reversal in trend on a one-month timeframe. This can be very advantageous for swing trading.
The indicators show a reversal in trend on a one-month timeframe. This can be very advantageous for swing trading.
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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.