Hello friends,,
One of the simplest indicators for Alts is Bitcoin Dominance.
In general:
📈 BTC Dominance and MarketCap Relation📉:
- Increasing BTC dominance & decreasing Marketcap --> Alts heavy dump, BTC down.
- Increasing BTC dominance & increasing Marketcap --> BTC faster growth, Alts 5-10% Changes.
- Decreasing BTC dominance and decreasing Marketcap --> BTC dump & Alts 5-10% change.
- Decreasing BTC dominance and increasing Marketcap --> BTC uptrend and Alts pumps (Alts Party).
So in the current situation, we can not determine what will happen when BTC Dominance hit the range of 50%,
There are slightly Alts drops and some fighting at the same fiat level,
Most Alts are -60% to -80% from their ATH, So Let's hope BTC .D will resist 50% levels...
One of the simplest indicators for Alts is Bitcoin Dominance.
In general:
📈 BTC Dominance and MarketCap Relation📉:
- Increasing BTC dominance & decreasing Marketcap --> Alts heavy dump, BTC down.
- Increasing BTC dominance & increasing Marketcap --> BTC faster growth, Alts 5-10% Changes.
- Decreasing BTC dominance and decreasing Marketcap --> BTC dump & Alts 5-10% change.
- Decreasing BTC dominance and increasing Marketcap --> BTC uptrend and Alts pumps (Alts Party).
So in the current situation, we can not determine what will happen when BTC Dominance hit the range of 50%,
There are slightly Alts drops and some fighting at the same fiat level,
Most Alts are -60% to -80% from their ATH, So Let's hope BTC .D will resist 50% levels...
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.