CandleFocus

Rising USDT Dominance Marks Bitcoin & Altcoin Buy Opportunity: Crypto Rover

Crypto analyst Crypto Rover has issued a bullish message, stating that the high dominance of USDT during a bull market indicates a buying opportunity for Bitcoin and Altcoins. He advised his followers to "BUY THE DIP!" Currently, Bitcoin dominance is at 58.11%, Ethereum dominance is at 12.25%, and USDT dominance is at 4.31%. Despite short-term bearish signals, the long-term outlook for Bitcoin remains positive, with a potential buying opportunity in Q1 2025 before its next rise later in the year.

Related News