#USDTDominance is falling, indicating a buying signal.

#N4G

Hello friends,

I'm sharing , my posts from earlier today regarding what is most likely to happen with the USDT Dominance and how it will affect the Bitcoin price in the short term.

*I understand that we have a huge time difference with many of you, and I'm trying to find the best way not to make you miss content that you might be highly interested in.

#bitcoin #crypto #USDTDominance

Hello friends,

I'm sharing some thoughts on the short term Bitcoin price action using the USDT Dominance as a main point:

➢ If we have another 20% spike in the USDT Dominance, that will lead to drop for the BTC price - very likely around the 55K area, as I've mentioned many times in my posts.

➢ The daily structure of the USD D. is very bullish - breaking above the consolidation and having a retest. This is indicating that there is a high chance for another spike, at least in the short term.

#Bitcoin #crypto #USDTDominance $BTC

Let's see if the USDT dominance will make a lower high not breaking the level where it got rejected, because breaking above will also be a confirmation of a larger correction.

There will be about a 15-20% move that resonates with Bitcoin at 52K or 47-48K

#USDTDominance #Bitcoin #crypto $BTC

#USDTDominance

USDT Dominance (Market Cap USDT Dominance, %) is currently trading at 4.91%, showing a significant movement within a well-defined channel. The chart indicates critical levels to watch:

### Key Levels:
- **Resistance:** 5.08% - A breakout above this level could signal further dominance of USDT, indicating potential risk aversion in the market.
- **Support:** 4.80% - Maintaining above this support is crucial for sustaining the current upward momentum. A drop below could indicate a shift back to riskier assets.

### Technical Analysis:
The recent upward trend suggests increased demand for USDT, possibly reflecting market participants seeking safety amid uncertainty. The critical breakout point at 5.08% aligns with previous highs, and a sustained move above this level could reinforce bearish sentiment for cryptocurrencies, as traders move capital into stablecoins.

### Outcome on Crypto Market:
An increase in USDT dominance typically correlates with a decline in crypto prices, as funds flow from volatile assets to stablecoins. If USDT dominance breaks above 5.08%, we may see further selling pressure on major cryptocurrencies. Conversely, a rejection at this resistance and a move below 4.80% could signal a return to bullish sentiment in the crypto market.

### Key Zones to Watch:
- **Resistance:** 5.08%
- **Support:** 4.80%

Monitor these levels closely to gauge market sentiment and potential shifts in the crypto market dynamics.

#Crypto #USDT #TradingAnalysis

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$BTC $ETH $BNB
#BinanceTournament

Head and shoulders for the #USDTDominance

#crypto #Bitcoin