Are you ready for the cryptocurrency bear market?
In the areas of 5.20 and 4.95, the important areas are the reversal of the dominance trend of Tether.
Be careful of Dominance movement in this area.
And prepare yourself for the bear market.
Dominance Tether chart update
#USDT.D
It seems that we reached the bottom of this 5-year channel (of course, it can still go down to 6.1%).
Do you see a backlash from the floor and consequently a relative market drop in the coming weeks?
Bitcoin is close to its moving average of 50 in daily timeframe, exactly 50 and the ascending channel ceiling and static resistance and the trend line and the cumo cloud are all at one point, the next point is moving 100 closer to moving 200 , the situation will not be interesting At All !
opinion, up to 44,000 Bitcoin can even climb, and it does not seem logical...
Bitcoin is close to its moving average of 50 in daily timeframe, exactly 50 and the ascending channel ceiling and static resistance and the trend line and the cumo cloud are all at one point, the next point is moving 100 closer to moving 200 , the situation will not be interesting At All
opinion, up to 44,000 Bitcoin can even climb, and it does not seem logical...
You can see the chart of Ethereum Bitcoin, which can be broken in 2H timeframe if the downtrend line is broken (0.0679) and consolidate above this trend line
