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Market Cap USDT Dominance, %
Long
Jul 22, 2024
Tether Dominance effect on BTC price
1
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Tether Dominance effect on BTC price
these fib levels on tether dominance are an indicator for which way price will move in BTC
when tether dominance is going higher, btc price goes lower and vise versa
at each of these fib levels you can basically trade resistance & support
helps to signal market tops and bottoms, this combined with volume on BTC/USDT
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