One compelling metric to help make decisions when buying or selling crypto assets is the
USDT.D chart (Dominance of
USDT over other assets). Accordingly, the higher the indicator, the more money flows into
USDT from other crypto assets.
Looking at the two graphs, it's hard not to notice a simple pattern: the higher
BTC, the lower
USDT.D, and vice versa.
USDT.D is currently testing the important level of 5.26%. Accordingly, money will now be transferred from crypto assets to $USDT.
This is a +1 factor, and it's time for a
BTC correction.
If you like the content, become a ❤️ and invite your friends.
Looking at the two graphs, it's hard not to notice a simple pattern: the higher
This is a +1 factor, and it's time for a
If you like the content, become a ❤️ and invite your friends.
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Related publications
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.