#USDTD
One of the main reasons behind the recent BTC dump is the move in USDT.D.
When USDT dominance goes up, BTC usually goes down, and vice versa.
Over the past few weeks, USDT.D clearly broke out and moved higher, which pressured BTC and led to the drop. When BTC reached around 60k earlier, USDT.D was also hitting a major resistance zone and got strongly rejected. That rejection is what allowed BTC to bounce back toward the 71k area.
Right now, there’s still a chance USDT.D pushes a bit higher into the supply zone and then turns down. If that happens, it would be supportive for BTC and could lead to a move back toward the 80k–83k area.
The negative scenario is if USDT.D continues higher and breaks above resistance. If that plays out, BTC would likely see another strong leg down, with downside risk much lower and USDT.D potentially making new highs above 10%.
For now, everything depends on how USDT.D reacts around this resistance area.
One of the main reasons behind the recent BTC dump is the move in USDT.D.
When USDT dominance goes up, BTC usually goes down, and vice versa.
Over the past few weeks, USDT.D clearly broke out and moved higher, which pressured BTC and led to the drop. When BTC reached around 60k earlier, USDT.D was also hitting a major resistance zone and got strongly rejected. That rejection is what allowed BTC to bounce back toward the 71k area.
Right now, there’s still a chance USDT.D pushes a bit higher into the supply zone and then turns down. If that happens, it would be supportive for BTC and could lead to a move back toward the 80k–83k area.
The negative scenario is if USDT.D continues higher and breaks above resistance. If that plays out, BTC would likely see another strong leg down, with downside risk much lower and USDT.D potentially making new highs above 10%.
For now, everything depends on how USDT.D reacts around this resistance area.
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免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。