Welcome Hyperspace Travelers,
This is BTC .D. Depicted by Cajunomics.
Bitcoin Dominance is very special. How it is special is for you to figure out. The greatest thing about Tradingview is the ability to press play on the charts after time has elapsed. Be sure to come back after 6 months to press play.
Your mouth will drop.
This will be one of the most studied charts of mine for years to come.
But I am a simple pleb swimming endlessly in the pool of knowledge.
I know enough to make you think twice about your plan.
It whispers sweet melodies into your soul. Time and time again, I find myself staring in awe at one of my time-series creations.
Bitcoin dominance is going to 96%.
This means it will absorb the entire alt coin market.
Doubtful?
Excellent.
It means BTC .D is going to absolutely rip your face off.
The technical presented is quite simple when you take a step back and look at my overall macro narratives..
As it should.
Net Weight distribution of BTC .D will fuel a USD ( DXY ) hyperinflationary cycle to 135.
Net Weight distribution of BTC .D will also fuel a XAU .USD ( GOLD ) hyperinflationary cycle to 2600.
That is your clue.
Absorption of BTC .D with TOTAL Market Cap absorption = 100% chance of BTC going back to abysmally low level.
This chart is old. I have worked on this for years.
Waiting patiently for the narrative to execute.
Oh and it will execute. That is a guarantee.
One of the best kept secrets in the game...
Thanks for Pondering the Unknown with Me,
Glitch420