USDT Dominance - -BTC TOPS vs OTHERS TOPS
The Bitcoin top happens when USDT dominance reaches a bottom and hits a resistance.
If you look at the top for altcoins (OTHERS), they happened on average 1 month after the Bitcoin top.
The altcoin season happens when USDT dominance ranges sideways.
IMO, USDT dominance will crash from late July until Oct/Nov 2024.
From 5.5% to 2.5%. That will be glorious for BTC!
The true Altcoin season will happen during the month following. But all your alts should already have risen quite a bit!
TIMING IS EVERYTHING!
When you see the USDT dominance crash, pay attention to resistance levels. When the chart looks like a bottom, add 20-30 days before selling all your crypto!
If you look at the top for altcoins (OTHERS), they happened on average 1 month after the Bitcoin top.
The altcoin season happens when USDT dominance ranges sideways.
IMO, USDT dominance will crash from late July until Oct/Nov 2024.
From 5.5% to 2.5%. That will be glorious for BTC!
The true Altcoin season will happen during the month following. But all your alts should already have risen quite a bit!
TIMING IS EVERYTHING!
When you see the USDT dominance crash, pay attention to resistance levels. When the chart looks like a bottom, add 20-30 days before selling all your crypto!
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