2024/5 USDT.D ForecastPublished 6th December 2024. BTC Broke to new ATH 104k on 5th Dec. This chart outlines a potential scenario with the key dates and associated price forecast. This does not consititure financial advice
BTC continues to show strength through December and rallies to 107-115k, marking a local top at the end of December. Altcoins continue to outperform and OTHERS (TOTAL - Top 100) peaks at approximately $800b. Bitcoin Dominance (BTC.D) drops from current 55% to 44% marking a cycle low.
1st one-two weeks of January BTC retraces 80-90k then rallies in the run up to Trump inauguration Jan 20th, possible new ATH 115-120, or lower High. Crash somewhere between End Jan and end Feb. This marks the Cycle top.
March - September, BTC Bearish as USDT.D gains strength. October / November BTC rallies but fails to make new ATH, Creates Lower High. End of Cycle, 12 month Bear Market begins.
USDT.D trade ideas
USDT Dominance USDT.D is reaching it's weekly support. Huge inverse cup and handle broken down and i expect it to go higher from here for a pullback and continue to go down from the red zone in the chart.
With BTC.D and USDT.D going higher i expect alt coins to bleed a bit so taking profits and sitting on USDT for the next 2 weeks can be a good play in my opinion.
DYOR
Goodluck
USDT.D POWERS My analysis tells me that the market has become very risky right now because 90% of people in the crypto space are in profit, and prices are reaching new highs. I know that all major market assets need to hit their previous peaks, and at that point, USDT will reach 3.73, which is a crucial number. This could act like a rocket, reclaiming USDT’s dominance and leading to a major correction in the crypto market. I thought it was important to share this because everyone is talking about the alt season, but I know that for big players looking to buy again, current prices aren't fair. Big money investing at these levels has other goals and is achieving them elsewhere. USDT has entered a very attractive range, and by minting more Tether, they’ve started a targeted strategy to collect liquidity for governments, deceiving retail investors. Be very cautious, and Bitcoin won’t see above $104,000 in this cycle until February 2025, where we might see its price at $77,000, setting up for the final trick.
usdt.dHello friends (many traders see Tether dominance as a cup pattern that will be bearish) but keep an upward path in mind for it too. Maybe everyone is wrong and everything is not so simple that altcoins and Bitcoin can still rise, so be careful with your capital. This is just my opinion. I wish you all success.
USDT.Dominance Chart Update !!The chart shows USDT dominance in a downward channel.
The recent price movement tested the upper trendline and faced rejection, indicating the downtrend remains intact.
Moving Average:
The 50-period EMA (red line) acts as resistance, reinforcing bearish pressure.
Resistance: 4.10% (channel top and 50 EMA).
Support: 3.85% (channel bottom).
Rejection at the upper trendline points to a likely continuation toward 3.85%.
A breakout above 4.10% and the channel could signal a potential reversal, with an upside toward 4.30%.
Disclaimer: This analysis is for informational purposes and is not financial advice. Always stay updated with market movements and adjust your trading strategies as needed.
You can DM us for information on any other coin.
@Peter_CSAdmin
Total Market Cap 2 and Total 3 + USDT.D Market WarningsIn this video, I briefly review the USDT.T bear market signals I covered in a recent video below.
But also noticing that Total 2, Total 3 and also the OTHERS are either hitting or very close to hitting their all time highs from the prior market cycle in 2021, which was the start of the Bear.
I do think we see more profit taking Monday afternoon into Tuesday through Thursday which is projected Dec 5th market cycle low from a cycles perspective.
Notice how the alts have been flying the last few days, and this weekend -- setting us up for major profit taking tomorrow and to fool all the new crypt tourists into buying the highs.
Protection capital here IMO and wait to buy back lower.
Let me know your thoughts, and please like the video if you found value.
- Brett
PS> My other Bear Market indicator fired today when I went out for Italian at my favorite local restuarant (sneaking in right at closing time as usual b/c I work 14 hour days)... and the bus-boy saw my Bitcoin hat -- and starting giving me crypto tips!
This is like the 'Taxi Cab' indicator of 1999, when the cabbie started giving me stock recommendations ... I had a feeling the top was in!
USDT Dominance showing possible continuation for BTC for nowUSDT.D closing a monthly candle at 3,95% shows that Bitcoin could go to higher prices, broking an ascending broadening wedge that is forming since 2017 and could lead the dominance to reach the all time history point of control with confluence of 0,786% fibonacci between 2,56% and 2%. If the dominance reach theses levels it will probably be at the same time as bitcoin would be forming the cycle top.
Usdt dominance Bears are at a critical support here . They have to defend it with their lives they probably praying right now for the market to go down . This is a major support this means if the support is broken btc and alts will rally and keep growing but if the support holds it means btc can fall from current prices and put pressure on all the market so . Anything can happen just be careful . Gona keep some cash just in case
USDT Dominance likely to show a rebound.Here’s a quick update on USDT Dominance (USDT.D):
The last time I posted about USDT.D, I specifically mentioned a drop to 3.8%, followed by a rebound. Currently, USDT.D has reached 4% and has dipped as low as 3.95% so far.
This is a point where we need to stay vigilant with our positions.
If the rebound happens anywhere near the support level, it’s likely to push USDT.D back to the trendline or resistance at 4.8%. Such a move could trigger a healthy correction in the market—in other words, a final chance to buy the dip.
With just one day left until the weekly close, let’s observe the market carefully.
Always conduct your own research and analysis before investing.