Based on the increasing dominance of USDT (Tether), I see a bearish scenario in the short term for #Bitcoin and the #altcoins.

USDT's dominance has been increasing. This suggests that in the last few weeks, capital has been moving from Bitcoin and other altcoins towards USDT.

This increase in dominance would be bearish for Bitcoin and altcoins, as it implies that capital is moving away from these assets and towards the stability of a stablecoin like USDT.

Despite this bearish outlook, this impact on the market will be brief and temporary, upcoming events like the Bitcoin halving and a potential pivot in monetary policies by the Federal Reserve and central banks are bullish factors.

I'm just buying this dip

$BTC #BullishAF