Bitcoin on the Rise: USDT Dominance Fading!πŸš€πŸ“‰

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Bitcoin on the Rise: USDT Dominance Fading!πŸš€πŸ“‰

Think of USDT dominance (USDT.D) like a fear meter in the crypto market. When it’s high, people are holding a lot of stablecoins (USDT) instead of investing in Bitcoin and other cryptocurrencies.

That usually means they’re playing it safe, expecting prices to drop.

Right now, USDT dominance is clearly shrinking over the long term, meaning more money is flowing into Bitcoin and other cryptos.

At the same time, Bitcoin is in a strong long-term uptrend, showing that confidence in the market is growing.

Typically, when USDT dominance falls, crypto prices rise. I’m watching specific levels in USDT.D as potential signals of when the market might peak and start cooling off.