$BTC.D chart

20 Sep

Now, about altcoins and BTC dominance.

The BTC.D chart (Bitcoin's dominance over other altcoins) is an insightful metric that answers many questions. Essentially, the higher the value, the more money flows into BTC compared to other crypto assets.

Looking at the chart, you can see that since November 2022, money has been actively flowing into BTC. The key level was 49%. This level was successfully passed by BTC, indicating that BTC.D was set for growth.

And that’s exactly what happened. The next target for us became 57-58%, where we anticipated a reversal.

Right now, we’re at this level, but whether there will be a reversal or if BTC.D will continue to grow – it’s hard to say. We’ll need to closely monitor it over the next few weeks.

The only thing we can say for now is that BTC is confidently showing its dominance.

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25 Sep

Nota

BTC.D is 57.51% and is confidently heading for a correction. It is important to secure a position below the level of 57.21%. I expect correction of BTC to 58-60k there and will buy altcoins

10 Okt

Nota

💶 What's next - the Altseason or the strong growth of the BTC? BTC.D thought about it.

Even though BTC is currently going down, there is no doubt that BTC will make a new high soon. Perhaps this correction phase will end this month.

Next, November 5, another election in the USA, And... Growth?
I think so, but we will soon see how it will be.

And as for Altcoins, what about them?
Here, everything is not so clear. BTC.D does not want to go below 57%, which means a higher hike, up to 69%, is possible.
This was the case in 2020 when the last US presidential election was held.
History tends to repeat itself.

We don't know how it will be this time, but we can safely say that if so, the altseason will be postponed until the new year. The time has come for BTC

And what do you think about it?