Scan to Download Gate App
qrCode
More Download Options
Don't remind me again today

Correlation: Between USDT.D dominance and BTC/USD 1D price



1. When the dominance of USDT falls near 4%

The market enters a phase of high appetite.
Every time it happens, Bitcoin makes strong upward impulses.

2. When dominance rises to 6–6.5 %

There is fear and many people taking refuge in USDT.
There BTC usually marks its lows and starts to bounce.

3. This cycle has repeated over the last 2 years

4 % = Impulses in BTC
6–6.5 % = BTC Floors
BTC2.97%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)