Market Cap BTC Dominance, %Singkat
Bitcoin dominance (decreasing = Altcoin season)
We are currently in an uptrend for Bitcoin, targeting approximately 250k.
For altcoins to grow in dominance, Bitcoin's dominance needs to decrease.
The price of altcoins is mostly related to Bitcoin. When Bitcoin decreases, altcoins tend to follow. However, when Bitcoin consolidates or slightly increases, altcoins often experience massive upward movements.
The best-case scenario for altcoin dominance would be a golden Fibonacci level around 45%, or alternatively, a bounce at the Gann Fan 0.5 level.
For altcoins to grow in dominance, Bitcoin's dominance needs to decrease.
The price of altcoins is mostly related to Bitcoin. When Bitcoin decreases, altcoins tend to follow. However, when Bitcoin consolidates or slightly increases, altcoins often experience massive upward movements.
The best-case scenario for altcoin dominance would be a golden Fibonacci level around 45%, or alternatively, a bounce at the Gann Fan 0.5 level.
Nota
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Nota
We are still in the step up and waiting for the market to show it's hands
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.