Crypto: Bitcoin Bottom At $60k? The Answer Might Be In Tether's Dominance...

Bitcoin price more than doubled the last time Tether's crypto market dominance topped out, a signal that is flashing again in 2026.

Bitcoin (BTC) may form a bottom in the coming weeks as Tether’s USDT dominance retests a key resistance level that preceded BTC’s 2022 cycle low.

As of February, Tether dominance reached the 8.50%–9.00% range (the red area in the chart below), revisiting a historically significant zone that previously aligned with Bitcoin’s bear market lows.

When USDT’s market share rises, it usually means traders are playing it safe and parking money in stablecoins instead of riskier coins like Bitcoin. Likewise, a rotation back into crypto usually aligns with USDT dominance falling.

This inverse relationship was especially clear in November 2022, when USDT dominance peaked in the 8.50%–9.00% zone as Bitcoin formed a multimonth bottom near $15,700.

As USDT dominance rolled over from that peak, Bitcoin climbed to above $31,000 by March 2024, nearly doubling while stablecoin dominance trended lower.

A similar pattern repeated in 2023–2024, when Bitcoin price gained nearly 200% a year after USDT dominance topped out.

As a result, Bitcoin’s odds of bottoming in the coming weeks may rise if USDT dominance does not exceed the 8.50%–9.00% range.

Bitcoin is also showing a familiar combo on the weekly chart that has coincided with macro bottoms in the past.

Specifically, in February, BTC’s weekly relative strength index (RSI) slipped below the oversold threshold of 30. At the same time, its price bounced after testing the 200-week simple moving average (200-week SMA, the blue line).

Source: CoinTelegraph