The trend will be bearish in the next few weeks
The chart is in the weekly time frame.
It seems that the range of 5.5% to 9.5% is fluctuating.
If this fluctuation is correctly estimated, Tether's dominance on the market will decrease by about 20%, and this means the growth of the crypto market.
This seems to be consistent with Bitcoin climbing to the $32,000 range, after which a price correction can be expected.
It seems that the range of 5.5% to 9.5% is fluctuating.
If this fluctuation is correctly estimated, Tether's dominance on the market will decrease by about 20%, and this means the growth of the crypto market.
This seems to be consistent with Bitcoin climbing to the $32,000 range, after which a price correction can be expected.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.