quantmaven

Bitcoin Dominance: Breakout toward final destination

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
The Bitcoin Dominance, which serves as a risk-on / risk-off crypto barometer, seems to be on its way toward it's final destination, a secondary wave E of primary wave 4. This should mark the end of the bear market when reached. As a a reminder, if the ratio goes up, it means Bitcoin outperforms Altcoins, which usually happen when the market is bearish... Not always but often because Bitcoin is seen as a more mature and defensive pick.
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.