Here's a look at 
OTHERS.D or Altcoin Dominance vs. itself, but without 
USDT.D and 
USDC.D
When removing the calculation of stablecoins dominance from the picture, the pattern looks less like a downtrend and more like a potential bottom that may soon reverse.
Most are not expecting this with the present rise of
BTC.D, but this could occur should a metric ton of cash move out of stables and into Bitcoin and Alts.
Just a thought, please let me know what you think or how you might see things differently, and thank you for taking a moment to read through my own!
Note - the picture may look even more accurate if there was a way to track BUSD Dominance in relation to OTHERS.D
Just another,
-dudebruh
OTHERS.D or Altcoin Dominance vs. itself, but without USDT.D and USDC.D When removing the calculation of stablecoins dominance from the picture, the pattern looks less like a downtrend and more like a potential bottom that may soon reverse.
Most are not expecting this with the present rise of
BTC.D, but this could occur should a metric ton of cash move out of stables and into Bitcoin and Alts.Just a thought, please let me know what you think or how you might see things differently, and thank you for taking a moment to read through my own!
Note - the picture may look even more accurate if there was a way to track BUSD Dominance in relation to OTHERS.D
Just another,
-dudebruh
Penerbitan berkaitan
Penafian
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Penerbitan berkaitan
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.