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.
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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.