#BTCRebound90kNext?

#BTCRebound90kNext?

$BTC

This is the most important topic to follow to understand the direction of Bitcoin

📄 We can clearly see how the movement of USDT.D is inversely correlated with Bitcoin and has a clear impact on its movement.

⭕ The dominance of USDT is in an upward trend as long as it stays above 5.692%

◀️ It might provide a slight relief if it continues to break above 6.073%, and its direction will be towards the range of 5.879% - 5.692% // If this movement occurs, it will be beneficial for the market's rise and could lift Bitcoin to around 90.2 - 91.8.

🚨 However, be cautious of breaking 6.293%, as it will increase pressure further and push cryptocurrencies down depending on the momentum of the breakout.
⭕ Wave-wise, USDT dominance is capable of making an additional peak within 6.912 - 7.214, which means a new low for cryptocurrencies, but this path has many details that can be exploited - - - and if this pattern occurs towards the mentioned range, there will be buying opportunities.

{spot}(BTCUSDT)