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coinpedia 2025-01-08 18:46:50

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

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

The post Rising USDT Dominance Marks Bitcoin & Altcoin Buy Opportunity: Crypto Rover appeared first on Coinpedia Fintech News In a latest development, cryptocurrency analyst Crypto Rover has issued a bullish message in a recent X post. Every time the $USDT dominance gets this high during a bull market. It's a massive #Bitcoin & #Altcoin buy opportunity. BUY THE DIP! pic.twitter.com/wRvb7L1P9k — Crypto Rover (@rovercrc) January 8, 2025 The analyst shared to his 1 million followers on X that every time the USDT dominance gets this high during a bull market. He noted that this signals a massive Bitcoin and Altcoin buying opportunity. Notably, he encouraged his followers as he advises to “BUY THE DIP!” As of writing, the Bitcoin dominance stands at 58.11%, Ethereum Dominance at 12.25% and USDT’s dominance currently stands at 4.31%. On the other side, despite short term bearish signals, the long-term outlook for bitcoin remains bullish from a technical perspective after the post-election breakout in November. Also, a Bitcoin price dip in Q1 2025 could be a good opportunity to buy before its next rise later in the year.

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