BTC.D & USDT.D Combined Outlook 🧩
BTC Dominance is approaching the 61.8%–62.6% Fibonacci zone, a strong resistance where Bitcoin usually cools off, often leading to a liquidity shift toward altcoins.
USDT Dominance is also heading into the 6% resistance zone, which has historically acted as support for altcoins. A rejection here would signal funds rotating from stablecoins into risk assets, favoring alts.
In short:
If both BTC.D and USDT.D get rejected from their current resistance zones, we could see a strong rebound in altcoins soon. But continued strength in both would keep pressure on alts for now.
DYOR, NFA
Thanks for reading! Appreciate your support and engagement
BTC Dominance is approaching the 61.8%–62.6% Fibonacci zone, a strong resistance where Bitcoin usually cools off, often leading to a liquidity shift toward altcoins.
USDT Dominance is also heading into the 6% resistance zone, which has historically acted as support for altcoins. A rejection here would signal funds rotating from stablecoins into risk assets, favoring alts.
In short:
If both BTC.D and USDT.D get rejected from their current resistance zones, we could see a strong rebound in altcoins soon. But continued strength in both would keep pressure on alts for now.
DYOR, NFA
Thanks for reading! Appreciate your support and engagement
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Daily Free Signals :bit.ly/UnichartzAlpha
Register on Bitunix and trade with me: 👇
bitunix.com/register?vipCode=coEA
Register on Bitunix and trade with me: 👇
bitunix.com/register?vipCode=coEA
Thông báo miễn trừ trách nhiệm
Thông tin và các ấn phẩm này không nhằm mục đích, và không cấu thành, lời khuyên hoặc khuyến nghị về tài chính, đầu tư, giao dịch hay các loại khác do TradingView cung cấp hoặc xác nhận. Đọc thêm tại Điều khoản Sử dụng.