Can you spot the difference?

13 Tem

Here are two different charts on display:

- The BTC chart (Hourly)
- The USDT Dominance inverted chart (Hourly)

These two charts move in parallel to each other, making it convenient to spot where the price is heading next.

For example, if the USDT.D makes a bullish move, BTC turns bearish and vice versa.

These two charts can never move in the same direction because one determines the price of BTC and the other the dominance of USDT in the market. If the dominance of USDT increases in the market, it technically means that traders are shifting to USDT instead of BTC or other altcoins.

Note: Do not get confused between the USDT Dominance chart and the USDT Dominance inverted chart. Both are the same chart and denote equal value.

This content is for educational purposes only.

Thank you for reading.

Regards,
Team Dexter

#BTC #USDTDominance