BTC compared with USD.DOMINANCE
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 this scenario, not financial advice, do your study and make your decisions based on that.
If any questions, just write in the comment below and don't forget to like and subscribe, thank you.
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 this scenario, not financial advice, do your study and make your decisions based on that.
If any questions, just write in the comment below and don't forget to like and subscribe, thank you.
Penafian
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