Tether Dominance Still Bearish

We use the Tether Dominance (USDT.D) index to support our Bitcoin (BTCUSD) chart analysis.

We focus on the inverse correlation.

When Bitcoin goes up, Tether Dominance tends to go down.

The long-term chart for USDT.D continues bearish.

We have multiple "doubt" candles after a new All-Time High.

Last week was the first red/bearish close and this one isn't looking good...

USDT.D is about to drop.

If this drops Bitcoin goes up and vice versa.

Thanks for the support.

Namaste.