## Bitcoin Faces Potential Downtrend as USDT Dominance Surges According to Cointelegraph, TradingView contributor Forex Mindset predicts a potential drop in Bitcoin's price in the coming weeks as USDT dominance recovers. He observed that USDT dominance and BTC price have been inversely related. The recent surge in USDT dominance indicates increased risk aversion or hedging against potential downturns. While Bitcoin may experience short-term rallies, Mindset advises against chasing the market due to the likelihood of significant selloffs afterward. He encourages traders to exercise caution and avoid making hasty decisions that could result in losses.

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