USDT DOMINANCE: BROKEN DOWN BELOW THE SUPPORT LINE.

١٣ يناير ٢٠٢٣

Hello traders, The USDT Dominance has finally broken down below the support line in the weekly timeframe. This has been a long-awaited breakdown and finally, it's happening. Still, it needs another confirmation and that is a breakdown and close below the 21 MA. If this happens to be true then we can expect the USDT.D close to 5% which is going to be a huge deal for BTC and other altcoins. Another possibility is the 'kiss of death' move toward 8.32% and then the final drop.

This is my analysis for now. Let's see how it will play out.

Thank you for reading. See you in the next update.

Trade safely.