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BTC compared with USD.DOMINANCE
Bitcoin / TetherUS
BTC compared with USD.DOMINANCE
By CryptoSnoutTrading
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May 30, 2022
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May 30, 2022
In this chart we can see the btc chart compared with usdt dominance
Is interesting to see how they relate eachother in opposite directions
When one goes up the other goes down and vice-versa
That is related to the need of usdt as a reserve asset when things goes bearish
And the need to sell usdt when market goes bullish
This is our technical opinion about this scenario, not financial advice, do your study and make your decisions based on that.
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analysiss
BTC
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crypto
Cryptocurrency
dominance
Harmonic Patterns
Technical Indicators
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Trend Analysis
usdt
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