USDT Dominance Analysis
$USDT Dominance typically moves inversely to
$BTC when one rises, the other tends to fall.
Recently, we've seen a strong push in USDT.D, which lines up with Bitcoin’s recent drop.
But take a step back USDT.D remains in a clear macro downtrend. This current bounce looks like a simple retest of its bearish trendline.
Once that resistance hits, the #USDT rally is likely to fade and so will Bitcoin’s pullback.
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