The Bitcoin Nightmare.
So, bottom of the USDT.D channel is confirmed.
Tether's dominance could peak at ~19%.
This could very well send bitcoin to below $ 10,000 (in a short moment).
Because 19% is more than 9.5%.
And do you remember what happened to Bitcoin at 9.5% USDT.D?
Counterintuitive twist.
ETF approves.
Price is dropping.
Tether's dominance could peak at ~19%.
This could very well send bitcoin to below $ 10,000 (in a short moment).
Because 19% is more than 9.5%.
And do you remember what happened to Bitcoin at 9.5% USDT.D?
Counterintuitive twist.
ETF approves.
Price is dropping.
Nota
What do you think?
Will this structure hold?
Nota
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VFI gives a bullish signal on the 2 hour
chart for the first time since mid-October.
Nota
I continue testing the new Whalemap indicator.
Nota
Daily bull.
Nota
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That's a good cross.
Nota
Positive signs are seen on very slow timeframes.
However, what's coming down now
has a target of ~5.60.
A retest of the diagonal after the breakout is perfectly normal.
But I expect it to stay in the channel.
Penafian
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