Hello everyone, if you like the idea, do not forget to support with a like and follow.
Welcome to this USDT Dominance update. USDT Dominance reached once again at a very crucial level on the weekly time frame. This weekly close will decide whether we entered a bear market or we are still in a bull market and all these dumps are just a manipulation by the whales.
USDT Dominance is making an ascending triangle pattern in the weekly time frame. Currently, trying to break out from the triangle. If it's breaking out from the triangle then be ready for a multi-year bear market and BTC might test 25K or even 18k
However, we have to wait for the weekly close to reach any conclusion. If it gets rejected from here then we again see a green market.
As of now, I'm waiting for the weekly close and keeping a close eye on the market. And one more thing doesn't worry whether it is a bear market or bull market I always try that my community makes money. So just keep supporting and following.
If you like this idea then do support it with like and follow. Also, share your views in the comment section.
Thank You!
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The bear market scenario is getting invalidated so far. Dominance gets rejected from the resistance line and again trading inside the ascending triangle. Following the green arrow so far.
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.