When Bitcoin Goes Up, Tether Dominance Goes Down!

I was wondering, does the Tether Dominance (USDT.D) index chart supports a bullish Bitcoin and a bullish Altcoins market? It does. Let's look at this chart together.

Bullish volume has been dropping steadily. Bearish volume is very high.

Tether Dominance has been in a downtrend, lower highs, since August 2024. Obviously, when Bitcoin hit bottom, USDT.D peaked. This index has been producing lower highs since. There is a clear downtrend on the chart.

A bearish hammer came on the 28-Feb. session. This is followed by another bearish signal 4-March. A continuation. Lower highs long-term and lower highs short-term.

The chart is pointing lower, has been going lower and will continue lower. This means that Bitcoin is going up.

Thank you for reading.

The signals are everywhere.

Namaste.