USDT.D 1H update - Oct 16 2024While BTC has touched levels above 66,500 (not a solid daily close yet), USDT dominance has not yet broken below the 5.21% level and some bullish signs are visible. Since the chart has reached a time element in 1H timeframe and will reach the 4H time element by Friday, we might see some upward reaction in USDT.D meaning that there will probably be some dump in the market.
if demand doesn't add up in USDT.D, it will break the support zone and the entire market will pump following a daily close below the 5.21% level.
As it's already stated, market's in a critical zone atm.