Bitcoin / TetherUS

Bitcoin channel breakout

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Hello everyone
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BTC moved in the ascending channel. the price pattern looked like an ending channel and I waited for downside breakout.
Also we see a divergence between the price and MACD. that is another proof for expected downside movement.
the price of Bitcoin breaks the parallel channel and I think it is a good opportunity to short BTC.
I want to support the idea with USDT.D analysis.
USDT dominance channel breakout

USDT dominance shows us investors inclination to change their coins to USDT, and vice versa.
As you can see, USDT dominance breaks the descending channel upside and I expect for further rise.
this means people change their coins to USDT.

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