In continuation of the above
The third and final part is USDT dominance (USDT dominance)
On the weekly frame
At the peak of 73700 for Bitcoin, the digital dollar’s possession fell to a major support area of 3.72%, after which it formed a secondary upward trend that ended by reaching the main resistance area of 6.19%.
Then Bitcoin will be in the area of 52225:48500
Then the last part of the main downward wave will be completed at the 2.69:2.32% area.
Then the Bull Ring will also be completed, which ends in November 2024, and I expect the price of Bitcoin at that time to be between 92 and 115 thousand.
The digital dollar will rise again after accumulating for a month or two at the most, after reaching the 2.69:2.32% area and creating a major upward trend, and we enter the bull market stage.
