USDT dominance has beautifully followed last month's analysis so far. Looking at the chart right now it seems the index is going to continue following the predicted path in which it crosses below the indicated blue trendline.
The said crossing shall result in heavy upward moves in BTC and many other altcoins. A daily close below the 5.0% level shall further confirm USDT.D's drop towards lower levels.
The said crossing shall result in heavy upward moves in BTC and many other altcoins. A daily close below the 5.0% level shall further confirm USDT.D's drop towards lower levels.
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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.