USDT's flashing a golden cross and that may be bad news for bitcoin
Hex37's read
- USDT dominance rate shows a golden crossover.
- This pattern suggests potential caution for the crypto market.
- A golden cross on USDT dominance could impact Bitcoin.
What it means for traders
- A golden cross in USDT dominance may signal a shift in market sentiment away from riskier assets.
- Traders should monitor BTC and ETH for potential downward pressure if USDT dominance continues to rise.
Affected markets
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