TonyTheBullSeverino

USDT.T Weekly Golden Cross & Potential Higher High

The USDT.D chart is on the cusp of a Golden Cross of the 50/200 weekly SMAs. These often appear before new uptrends

USDT dominance rising is associated with drawdowns in crypto

You can see bottoms in USDT.D are anti-correlated with Bitcoin tops

Historically, Bitcoin bottoms when USDT.D sets a new all-time high

There hasn't been a new high in USDT.D this cycle. If the Golden Cross is pointing to more uptrend in USDT.D, it could mean much more downtrend in Bitcoin and crypto