USDT.D Weekly Chart Update
Here’s an important update on USDT Dominance (USDT.D) on the weekly timeframe.
USDT.D has been showing signs of rejection lately, which is a positive signal for the market — although it’s definitely testing our patience. BTC is hovering around the $108K range, and it could accelerate at any moment, even without any major announcement.
According to the chart, we could see a potential 30% drop in USDT.D, which would give BTC enough room to push toward a new all-time high, likely followed by a strong bullish move across altcoins. If this scenario plays out, be prepared for some exciting weeks ahead.
However, if dominance turns green from the current level, it will still have to contend with the resistance trendline at around 5.66%. Therefore, for now, I will remain focused on the bullish side.
Trade safely.
