Following the previous analysis on USDT dominance, the index has spent the past week having a slight upward correction and as a result BTC and altcoins has dropped somewhat in the past few days.
Looking at the chart right now, it appears that the index is ready to continue its downward move which means there are going to be good pumps across the market again.
A drop below the 4.47% level shall further confirm the downward move in USDT.D.
Looking at the chart right now, it appears that the index is ready to continue its downward move which means there are going to be good pumps across the market again.
A drop below the 4.47% level shall further confirm the downward move in USDT.D.
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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.