Bitcoin Money Flow Correlation to Crypto Market Dominance

191
Hi,

This is a simple metric I use to indicate current Netflow of Crypto Market Dominance to relation to Bitcoins Price.

Bitcoin Price compares to
Bitcoin Dominance (Market Cap %)
Alts Dominance
USDT Dominance
Total Crypto Market Cap Dominance


Tips:

Check for correlation between shared Money Flow across markets

> Bitcoin Dominance = BTC growth (Going into BTC market)
< Bitcoin Dominance = BTC sell off (Going into another markets)
> USDT = Risk off (Potential going into FIAT)
< USDT = Risk On (Potential going into other markets)
> ALTS Dominance = ALTs growth (Going into ALTs)
< ALTS Dominance = ALTs sell off (Going into other markets)
> Total Crypto Cap = Overall Crypto growth
< Total Crypto Cap = Overall Crypto sell off

Check for divergence across the markets,


For example Bitcoin Price going UP but Dominance is going down... = Downtrend

Penafian

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