This USDT Dominance analysis, it is still bearish.
Look at the dates of first/second bull run on chart, each time that dominance hit the trend line it went down again and then the market(Especially bitcoin) got pumped. This is the the third time.
Look at the dates of first/second bull run on chart, each time that dominance hit the trend line it went down again and then the market(Especially bitcoin) got pumped. This is the the third time.
Note
typo This is*
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.