#Bitcoin - This is the Worst Bull Market Ever? Many people believe this bull market has been one of the weakest we’ve ever seen, as Bitcoin has only experienced a slow grind up and mostly sideways price action, instead of the explosive vertical moves like we’ve seen in past cycles. Let’s take a look at USDT dominance first. If you look closely, when Bitcoin bottomed and USDT dominance peaked, we saw the first sharp drop in dominance right when Bitcoin started to pump from $15,500 bottom. But as soon as the dominance started moving sideways, BTC also started grind upwards slowly. Soon after, we witnessed the first major dump in USDT dominance and Bitcoin pumped from $26,000 to $74,000 in just a few months. Now, looking at the current structure: for the past 13 months (since September 2024), USDT dominance has been moving sideways inside a descending triangle while printing LH & LL (bearish structure) While, Bitcoin has been grinding up slowly instead of going vertical quickly as dominance is still going sideways. Interestingly, dominance has just tested the descending triangle resistance for the 3rd time while BTC is still trading at support If we see a rejection & a breakdown of this bearish pattern There’s a strong chance Bitcoin could go vertical this time followed by a blow-off top