Mags

#Bitcoin - Last Chance to Buy before new ATH ? 🚨

There is an inverse correlation between USDT.D dominance and BTC.

Dominance found support at the trendline, while BTC found resistance at the 0.618 area. (both at imp levels)

Once this trendline support is broken we can expect a nice upside rally in Bitcoin

Bitcoin is in the Halving Year, it's the same year when BTC usually breaks its ATH (a few months after halving).

So, any pump in USDT.D should be considered as Lower highs before it breaks down below the trendline support, while Bitcoin is printing a Higher Low before another leg up.

So far #Bitcoin is already down by -21% from its Local swing high, nobody knows if it's going to bottom out at $38k - $35k or $32k.

One thing is certain this is your last chance to buy Bitcoins cheap before a New ATH. Don't miss it 🤝