In this chart we can see the btc chart compared with usdt dominance
Is interesting to see how they relate eachother in opposite directions
When one goes up the other goes down and vice-versa
That is related to the need of usdt as a reserve asset when things goes bearish
And the need to sell usdt when market goes bullish
This is our technical opinion about...
4H CHART EXPLANATION:
Price is on a clear downtrend making a corrective structure. We expect this movement to reach the Support Zone.
MULTI TIMEFRAME ANALYSIS:
Daily:
Weekly:
