Stablecoin Dominance: Mirror of Bitcoin Price
Want to determine the peak or trough of Bitcoin simply and effectively, without looking at price charts? Just follow USDT Dominance (USDT.D).
This index measures the market capitalization ratio of USDT compared to the entire cryptocurrency market. It acts as a reflective mirror of Bitcoin's price.
🔸 Market cash flow has only two states: "Risk on" (buying coins) and "Risk off" (holding cash).
When USDT.D rises, investors are selling Bitcoin and Altcoins to switch to USDT. They are feeling fearful and seeking safe havens.
👉 Cash flow is leaving the market
