So, bottom of the USDT.D channel is confirmed.
Tether's dominance could peak at ~19%.
This could very well send bitcoin to below $ 10,000 (in a short moment).
Because 19% is more than 9.5%.
And do you remember what happened to Bitcoin at 9.5% USDT.D?
Counterintuitive twist.
ETF approves.
Price is dropping.
Tether's dominance could peak at ~19%.
This could very well send bitcoin to below $ 10,000 (in a short moment).
Because 19% is more than 9.5%.
And do you remember what happened to Bitcoin at 9.5% USDT.D?
Counterintuitive twist.
ETF approves.
Price is dropping.
Note
What do you think?
Will this structure hold?
Note
Note
VFI gives a bullish signal on the 2 hour
chart for the first time since mid-October.
Note
I continue testing the new Whalemap indicator.
Note
Daily bull.
Note
Note
That's a good cross.
Note
Positive signs are seen on very slow timeframes.
However, what's coming down now
has a target of ~5.60.
A retest of the diagonal after the breakout is perfectly normal.
But I expect it to stay in the channel.
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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.
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.