USDT vs USDC The Last Rush

Updated
- Everything is in the chart.

- So my own deduction ( and only my own ) is : " Actually BTC not dipped so much "
- They pushed it hard, many peoples turned their BTC and Altcoins to USDT/USDC for safety.

- BTC is still not yet considered as a reserve like Gold in case of crises, peoples still scare and back really fast to the old paper money system when panic is around.
- i will link following this post a PAXG/BTC Chart to show what happened when BTC dipped.

- just look at indicators and you will clearly understand how much stables coins pushed high and Mooned/Marsed in the red " Overbought " Zone.

- Results : TheKing is still around 20k.

- that said, we can notice that USDC is gaining much more interests than USDT, just because USDC (Circle) is backed by cash and short-term U.S. government bonds as collateral.
- after the "LUNA-UST" Crash peoples started to fear and they are right, so they turned their Stables to USDC.

- in near future, USDC will gains more dominance on USDT and the next Dip could results in an Equal Dominance ( 3.80% - 3.20% )

i hope this post help to understand the situation, be H4ppy and St4y S4fe !

Happy Tr4Ding !
Comment
Get the move between GOLD vs BTC to understand more :

snapshot
Comment
Extra Moon : Stables are now Totalizing 15.30% of the Total Crypto Market.

snapshot
Comment
snapshot
Comment
USDT gave up already. USDC is still trying to reach Mars. Stables-DOM Rekt is coming.

snapshot
Comment
wait & see.

snapshot
Comment
snapshot
Trade closed: target reached
Comment
Link to the new Chart :

Tether Dom
Comment
New Chart here :

Tether The Trumpet
Trade closed: target reached
Remember, what goes up must come down, a principle rooted in the Fibonacci sequence.
Bitcoin (Cryptocurrency)BTCBTCUSDChart PatternscirclefinanceHarmonic PatternstetherthekingTrend AnalysisUSDCusdt

Disclaimer