$USDT.Dominance WEEKLY CHART 💥
If you are not familiarized to watching USDT dominance, it's inversely correlated to $BTC . Meaning when one goes UP, the other takes the inverse path.
As for now, USDT.D is rejecting a minor resistance after breaking the the recent DOWNTREND.
We can spot some LTF bearish RSI divergences, which is pointing for a relief rally on #BTC☀ till around $60k I would say.
If we break this resistance, it's fair to say that the HIGHER blue box is on the table, and could bring some more DOWNSIDE for $BTC
