$USDT.D / $BTC l Daily The 2020 playbook is showing up again. Honestly, I’m not worried about this USDT.D move. I view this current structure as a dip within the current BTC range. And that most likely means a rotation from BTC to ETH, as ETH takes over from there. Important to remember: USDT.D revisiting a previous high doesn’t mean BTC has to revisit its previous low. USDT.D is a ratio, not a direct inverse of BTC. It gives us the bigger liquidity/risk-on picture, while BTC can hold its range and move differently.
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