# Market Update: BTC vs USDT.D
Bitcoin (BTC) is at a crucial point, facing strong resistance around the $65,000 mark. This level is significant; if BTC cannot break through, we might see a sharp rejection accompanied by heavy selling pressure. However, if a 4-hour or 8-hour candle closes above $65,000, it would indicate a clear shift towards bullish momentum, confirming that the upward trend is still intact. This would pave the way for further gains.
Conversely, if the $65,000 resistance holds, it could present an excellent opportunity for short positions, particularly with confirmation from the 4-hour and 8-hour timeframes. This level is currently a battleground for both bulls and bears. ⚔️
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### USDT Dominance (USDT.D) on the Rise:
On the daily chart, USDT dominance is gaining strength, trading within a bullish parallel channel. A bullish change of character and a structural breakout have already occurred, indicating that USDT.D is on an upward path. It is currently hovering around 5.50%, having recently rejected from the 6.06% level, which is near the 0.618 Fibonacci retracement.
If USDT.D continues to decline, we might see it drop towards the 5.28% - 5.27% range, which could serve as a strong support area. A rebound from this level could alter market dynamics, potentially increasing buying interest in Bitcoin.
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# Key Takeaway:
🔍 Pay close attention to BTC at the $65,000 level and USDT.D between 5.28% - 5.50%. These key levels are critical and could determine the next significant moves in both markets. Whether you're looking for a breakout or considering a strategic short, these zones will be essential for guiding your next steps!