The daily chart of Tether dominance indicates that it has been moving within a long-term descending channel. Recently, it has broken above the mid-line of the channel and is now attempting to reach the upper boundary. It is expected to touch the 5.3% level, after which further analysis will be required to determine whether it will break above the channel's...
Bitcoin is expected to initially move in a range-bound manner, reaching the $94,000 level. Following this, it is anticipated to touch the $105,000 price level. However, a decline is projected to begin afterward, with Bitcoin potentially dropping to the $73,000 range.
