Bitcoin laid over top of the Tether-USDT Market Cap Dominance Chart.
Pretty self explanatory as they have an inverse relationship up to this point.
USDT peaks when Bitcoin is at or near a bottom.
As USDT Cap works it's way down the money thats sitting Stable Coins starts moving back into Bitcoin.
Once Bitcoin makes a top, USDT is close or near a bottom. As traders start to sell the USDT Dominance starts to climb.
Pretty self explanatory as they have an inverse relationship up to this point.
USDT peaks when Bitcoin is at or near a bottom.
As USDT Cap works it's way down the money thats sitting Stable Coins starts moving back into Bitcoin.
Once Bitcoin makes a top, USDT is close or near a bottom. As traders start to sell the USDT Dominance starts to climb.