BTC.D - BTCUSD - BTCUSDT - Supply and Demand
As the principles of the supply and demand says:
more offer with more people interested = price rising.
In BTC we have the opposite.
Bitcoin Dominance is slowing decreasing while price is rising
that means people are becoming less interested in Bitcoin at these prices ... so they are slowly selling BTC at these levels...otherwise dominance would still go up with price.
So we can Expect the top beetwen 12 13k
more offer with more people interested = price rising.
In BTC we have the opposite.
Bitcoin Dominance is slowing decreasing while price is rising
that means people are becoming less interested in Bitcoin at these prices ... so they are slowly selling BTC at these levels...otherwise dominance would still go up with price.
So we can Expect the top beetwen 12 13k
Note
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.