$USDT Dominance On The Rise = More Pain Ahead

By jonnieking
Been riding this trendline since March.

Well above the 200MA and Bull Market Support Band

Battling the .382 Fib today

I expect it to breakthrough and grab liquidity around the 6.50 region for a bit, then make its way back down to the trendline when rate cuts are announced September 18th.

Will then have to break that trendline to take the next leg in the bull market.

Remember, as USDT.D Falls BTC and Alts go higher.
cryptomarketupdatedominanceFibonacciSupply and DemandTrend Linesusdt
jonnieking

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