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Btcdominance

BTC/USDT potential sharp movementIn this chart I analized BTC.d with BTC/USDT and compare same potential pettern to be repeat again. by looking at the time period between two vertical dashed lines as the BTC.d rised up; BTC price almost doubled. why a valid breaking from the trading range do not turn into a 10 to 15 thousands US $ increase again? tonight we have important news that could work as an engin. this is just an analize to make you alert, no position opened yet. HAVE LUCK.
CRYPTOCAP:BTC.D
by Erfan352
1
MUH ALTS, They Bleeeding, here is why As you can see in the chart BTC Dominance above the important Resistance Zone that we have been talking about. This is why your precious Altcoins are bleeding. BTC and ETH are still doing relatively well in the grand scheme of things. Remember, when BTC dominance is high you buy alts, what comes up must come down. Before every major alt season BTC dominance had a pump, only to dump while Alt season was unfolding. BTC and ETH dominance both might be breaking out to test 52-57% and 22-25% respectively. Personally i dont think BTC dominance will rise much higher than 52% unlike ETH that might reach 25% considering the BTC/ETH pair chart is looking good and the hype around ETH and layer 2 solutions still unfolding.
CRYPTOCAP:BTC.D
by Suneater69
BTC dominance. Will Ethereum leave the 2-nd line of the ranking?Bitcoin dominance is the reason why you will lose by buying altcoins now! Many believe that ETH market cap can exceed BTC market cap. However, history shows us the opposite picture, that Ethereum will drop from the second place down, the question is just when... A significant event that the market has not seen for a long time will soon take place, when Bitcoin shows good growth, and at this moment many altcoins will be falling in relation to USD. It will be very unpleasant to observe this with a large portfolio of altcoins. Judging by everything, this will be the day when the court announces the verdict on the Ripple and XRP case. As the major exchanges introduce KYC before June 21, very soon XRP and many altcoin's will start being called unregistered securities, after which liquidity will flow even more actively from altcoins to Bitcoin. I want to start with my list of TOP 10 trading recommendations, which has been around for a couple of years, and all this time there have been different situations in the market, but it remains unchanged. 1. The size of investments in cryptocurrencies is calculated from the possibility of a 100% loss. With high probability, 90% of cryptocurrencies will eventually disappear. 2. Avoid various pump groups. They are created to make money off you. 3. Everyone makes trading mistakes. It is important to learn not to make the same mistake twice. 4. Try not to trade against the trend. Trading is about identifying the trend and partially "riding" it. The market is cyclical and each cycle has phases. Learn to distinguish market phases. 5. Do not buy a coin if you know nothing about it or are unsure of your knowledge. This is very important in the current market phase. 6. Do not be afraid of market crashes - there lies the opportunity to earn well. 7. Do not "marry" altcoins, especially in the bear market phase. 8. You can make more than 50% wrong trades and still remain profitable. The main thing is to manage risks correctly. 9. Don't fuss. Imagine yourself as a hunter - save your ammunition (USD or BTC) for the big game. 10. If you have made a lot of money, lock in your profit or part of the profit, take a rest and do nothing for a week, read a book on market psychology. All my major investment mistakes were made due to a strong involvement in the technologies that altcoins offer. I believed in the great potential of certain, quite fundamental projects, but in many market phases they did not show the expected result, and Bitcoin often left everyone behind. For the cryptocurrency market, the word "altseason" is now an integral part, from the point of view of global marketing. But altcoins come and go, while Bitcoin remains, I think it will always be that way. I'm not a fan of Bitcoin, I like other mathematical models for decentralized finance, but it's very important to understand the different phases in the market and consider all risks. If you study history well, only gold has always been in the immutable and first place in the world financial system ranking. Starting from the 14th century and the Portuguese real, the sixth cycle of world currency dominance change is underway. Perhaps many of us will have the opportunity to witness how such a cycle change will occur by transitioning to the dominance of the Chinese yuan in global fiat transactions. We are now in the ninth year when Ethereum is in second place in the cryptocurrency market cap ranking. If we project this onto cryptocurrencies, history shows us that Bitcoin will remain like gold, while someone else will take Ethereum's place. I would not have thought about this before, but the current news agenda regarding cryptocurrency market regulation has changed everything. Are there any fundamental grounds for such a change? Previously, the SEC unofficially stated that ETH is not considered a security. But there were also words from the SEC that after Ethereum's transition to the POS protocol, this relationship might change, although these words are not remembered by anyone, perhaps deliberately for now. And here the very scheme of selling ETH coins through ICO will greatly worry the SEC, because if ETH is recognized as a "commodity", then many other projects will fit this template and use ETH as an example to justify themselves before the SEC. I think the SEC does not need such problems, and in the end, they will simply have to recognize ETH as a security. The introduction of the EIP-1559 update to Ethereum further increases this likelihood, as no one burns a "commodity" to give it additional value. We recall the history with the Howey Test and oranges. Let's destroy some of the collected oranges, add value, so other people would buy them at a higher price? In fact, the top cryptocurrency exchanges already in 2019 created a test of 36 questions, after answering which a cryptocurrency is rated on a 5-point system for the likelihood NOT to be called a security. All exchanges know what will happen next, so they gradually introduce KYC. The Hotbit exchange even announced a suspension of operations, citing worsening operating conditions due to regulation, and asked users to withdraw their remaining assets by June 21.   Unlike his predecessor, the current SEC Chairman Gary Gensler has not expressed a clear position on the status of Ethereum. He previously noted that he considers most cryptocurrencies, with the exception of Bitcoin, as securities — but despite this, the Commission did not include ETH in the recently published list of assets falling under this classification. Recently, JPMorgan expressed the opinion that the U.S. Congress may recognize Ethereum as a new class of assets, and it could take an intermediate position between a commodity and a security. According to the company's strategist Nikolaos Panigirtzoglou, in this case, the financial regulator will have far fewer requirements for the second largest cryptocurrency by capitalization. If such statements were made, it is likely that questions will ultimately be posed to ETH as well. Why is such a scenario realistic? Over these 9 years of Ethereum's dominance among altcoins, other strong blockchains have emerged that may overtake it in popularity over time, but no one will replace Bitcoin. From my point of view, I see one such project, but that's the topic of another article. For now, let's call such an event a "Black Swan" and it won't be instantaneous, it will be a lengthy transitional process with a lot of speculation and contenders for the top spots in the market capitalization rankings. Let's say the SEC starts a case against ETH, what are the consequences? The money will flow into Bitcoin in advance, then Ethereum will start having problems. It may even end with Vitalik Buterin officially renouncing his brainchild. This would add decentralization to ETH and it would no longer have an obvious leader who can influence the market with Twitter publications. Moreover, Buterin hinted at such a departure a couple of times, which increases the likelihood. There's another interesting point. The first NFT from the CryptoPunks collection that was transferred to the Bitcoin blockchain from the Ethereum network through burning has been recorded! On June 18th, address 0xBc…0a71 spent 54.49 ETH to purchase punk number 8611, then sent it to the burn address Null: 0x00…dEaD and reincarnated it as bitcoin record number 12,456,749. For conspiracy theorists, this is definitely some sort of sign. Everything that's happening in the news headlines today with the word "SEC" is something I expected last year. I've been studying cryptocurrency regulation since 2019, and until today, I've tried to understand what awaits us with its arrival. Apparently, the regulation has been delayed because the transition of ETH to POS has also been severely delayed. Also, the FedNow payment system from the Federal Reserve is coming out in July, hence the digital dollar (CBDC). This is the main answer as to why there is no further delay. What will follow when digital assets are divided into securities, digital currencies, and utility tokens? This is the most interesting part! Once all laws and amendments regarding regulation are implemented and a status for each digital asset is determined, in my opinion, the only way to enter regulated markets will be on the condition that the owner is listed for each blockchain wallet address through KYC. No one is talking about this, maybe they're not even thinking about it, but it's likely to be just like this. Every security must have an KYC owner! Such uncertainties will hinder new investments, and the market will begin to restructure or adapt to new conditions. The altcoin market will suffer the most. While everyone argues whether ETH, BNB, and XRP are securities or commodities, I want to remind you that Bitcoin has officially been recognized as a means of payment in El Salvador = it has officially acquired the status of "digital currency" or "money". There is also good news. If you fully understand what regulators are currently thinking, you can timely place a bet on digital assets that will be recognized as utilities and have future prospects, they will not be of interest to regulators. But there are still many risks here as this will trigger another bear market phase from the fall. Ethereum has one trump card. I've studied how the split of the ETH and ETC networks happened, and from the point of view of all processes, the original Ethereum, the coins that were sold in the ICO – it is precisely Ethereum Classic (ETC). That is, today's ETH is a fork from ETC, which everyone got for free, or mined later through mining or staking in the ETH 2.0 network. From this point of view, the new ETHW fork may show growth on all upcoming speculations. Today, the capitalization of ETHW is less than $200 million. Perhaps there will be a trial, and at some stage fact, about ETH is a fork from ETC, may emerge from the defense. Then all other projects will immediately start releasing forks or Airdrop their main networks to new networks, which Matic has already announced. In the medium term, this can be a positive for the altcoin market, as it will give a new impulse to the mechanism to print money out of thin air, I can't call it other words. Honestly, I think in the long term the story with forks and Airdrops is not crowned with great success, as I'm waiting for the "Black Swan", which will begin to change the paradigm established today. We watch and prepare to make money on speculations. Since February, in my publications, I often refer to the fact that Bitcoin's dominance should show a strong trend, but there were few reasons for this. Now they are more obvious, and I want to show the main points on the chart, when and how to start looking at altcoins with the least risks, wait until the "regulation" storm passes and predominantly stay in Bitcoin. I don't think there's any point in spreading out and looking for prospects in POW coins like Litecoin or Ethereum Classic, etc. My trading experience has shown that when dominance starts to pick up a trend, almost all altcoins deflate and it's optimal to stay in Bitcoin. Soon, money will start flowing more actively from altcoins to BTC and I think we will see a rise to 28,000-30,000 dollars this summer. Only after such a rise will dominance reach the first designated level of 55.7% for selective purchases and from there it will already be necessary to analyze who will "survive" in place.
CRYPTOCAP:BTC.DLong
by Age_of_Crypto
1
BITCOIN dominance update best time to buy altcoins when btc domiance is above 55%. Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below. best time to buy altcoins when btc domiance is above 55%
CRYPTOCAP:BTC.D
by bullstraders7
USDT/USD Hidden Bearish Divergence Deathcross SetupUSDT, the so-called stable coin, is now below the Bullish Control Zone on the RSI and is showing MACD Hidden Bearish Divergence on multiple Intraday Timeframes at this level after failing to take back the 55 and 89 EMAs. If this goes as any other chart normally would, I would expect it to go back down to the lows of the range, which in this case would take us down to around 94 cents, but I wouldn't be surprised if it went lower.
COINBASE:USDTUSDShort
by RizeSenpai
2
Detect new changes in USDTHello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (USDT chart) Looking at the 1D chart, the High indicator on the 1D chart was created with an increase, increasing the possibility of forming a new trend. Accordingly, the key is whether USDT is maintained above the HA-High indicator on the 1D chart. If this is not the case and falls below the HA-High indicator on the 1D chart and shows resistance, USDT is expected to fall to around 81.839B-82.467B. (1D chart) The Stochastic and RSI indicators, which are included in the 'Strength' sub-indicator, are showing signs of a decline (Stoch > RSI). Therefore, it can be seen that the possibility of USDT declining is increasing. Looking at the previous data, it can be seen that USDT recorded a sharp drop once it exited the overbought zone and fell. -------------------------------------------------- - (USDC chart) (1D chart) The section 26.129B-27.456B is an important branching section. Therefore, the key is whether you can touch the area around this section and make an upward transition. If not, I think there is a high possibility of giving a serious blow to the investment products in the coin market. However, since it is believed that the funds that move the coin market are being made through USDT, the coin market is expected to defend the price if there is no outflow of funds through USDT. Since the outflow of funds through USDC is highly likely to accelerate the decoupling of the coin market and the stock market, caution is needed when using stock market indicators. -------------------------------------------------- -------- (BTC.D chart) Looking at the 1M chart, a new uptrend line has been created. Therefore, it is necessary to check whether it can be maintained below the newly created uptrend line. If not, I expect it to continue moving towards the 56.78-61.73 area. The rise in BTC dominance will cause a phenomenon in which funds are concentrated towards BTC as BTC is leading the coin market. As a result, BTC price fluctuations will have a great impact on the coin market. However, if BTC dominance rises, we cannot tell if the BTC price will rise or fall. It just tells you whether the flow of money is going towards BTC or towards altcoins. -------------------------------------------------- --------------------- (USDT.D chart) The overall trend of the coin market can be seen by the movement of USDT dominance. When USDT dominance rises, the coin market is likely to show a downward trend. Conversely, when USDT dominance declines, the coin market is likely to show an upward trend. Therefore, I do not think it is correct to try to confirm the trend of the coin market, that is, BTC or other coins (tokens), with USDT dominance. USDT dominance is also related to the flow of funds. Therefore, it is better to recognize it as a flow of funds in the coin market. If USDT dominance breaks out of the 6.21-8.25 zone, it is expected to break out of the sideways that BTC is currently showing. So, if USDT rises above 8.25, there is a high chance that BTC will plunge. Therefore, it is necessary to check whether the USDT dominance can be maintained by falling to or below the 6.85-7.27 range. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
CRYPTOCAP:USDT
by readCrypto
2
Crypt Total Market Cap, Uptrend?This chart shows the total Crypto Market Cap, includes every coin on the market. The Fib levels are drawn from the Covid Crash to the ultimate November Top. Upon the bearmarket retrace we bounced of teh 0.786 support zone to reach current resistance at 0.618. There is a clear uptrend forming, now this is nothing to trade with imo, just important to note that this might be an area of support. BTC is strong and we can clearly see that when comparing to the "Total Crypto Market Cap excluding BTC and ETH" If there is more downside here i expect BTC Dominance to hit those 52%-55% levels and ETH dominance to hit 22%-25% while the Altcoin market will suffer greatly... I still like the odds and will be swapping some ETH into altcoins once all the economical announcements are made this week and the data is clear. Will also keep ammo for lower levels. One thing to keep in mind, its all about perspective, just imagine seeing these levels during the bullmarket. These are the "Ah man i wish i bought then" levels
CRYPTOCAP:TOTAL
by Suneater69
ETH Dominance one to look at. 25% coming?As mentioned in the related idea: BTC Dominance broke out and this is the main reason your alts are bleeding. Buy alts when dominance is high and sell them when dominance is low. BTC and ETH dominance both might be breaking out to test 52-57% and 22-25% respectively. Personally i dont think BTC dominance will rise much higher than 52% unlike ETH that might reach 25% considering the BTC/ETH pair chart is looking good and the hype around ETH and layer 2 solutions still unfolding.
CRYPTOCAP:ETH.D
by Suneater69
2
Bitcoin Dominance BTC.D. Bitcoin will outperform?Bitcoin Dominance trying to break a key level ~49%. If price stays on top of it, the rectangles target is around 58-60%. Bitcoin will outperform most of the alts at that point, and alts bleed against BTC. SEC has labeld some alts as securities so Bitcoin outperforming makes sense. For now. I'm interested to see how this weekly candle closes. Does it close above 49%? I also made an analysis from a micro-cap project which I think can 20-100x in few years. Check it here
CRYPTOCAP:BTC.DLong
by PalenTrade
Analysing BTC, BTC.D and USDT.DIf you check my previous ideas (can't remember if here or on a social I can't mention here because "rules" but you can figure it out) there was a small support which has been cleaned multiple times by BTC, so now next target is the 24-24.8K area. BTC is forming a bullish DIV but I think it's still too weak Both CRYPTOCAP:BTC.D (check this chart: )and CRYPTOCAP:USDT.D (check this chart: ) are going up showing that people are selling altcoins and moving money into Bitcoin and stablecoins. I don't show it here but even USDC.D is going up although it has a smaller share of the market. Meaning: despite what the crypto twitter influencers told you altseason is FAR, new lows has to be expected and I feel that my bearishness is now justified. However, by experience I can tell you that you'll recognize the bottom when it'll be too late so the only reasonable thing you can do is to follow this list: 1) identify the crypto you think have a good potential ROI; 2) start DCA; 3) don't throw insane amount of money in every buy, just be consistent, don't bet 4) JOLLY: buy more only if you've decent TA capability and recognize market reaches a point that it's likely to be the bottom Good luck
by Shotokhan
2
When I see this, I can't think of an alt-season.Look at the size of the reversal pattern that has formed. It looks like a year and a half long sloping channel. I put a 3D Renko to remove all noise, and left only VFI LF. That's the way it is. Regular bullish divergence and very persistent. I believe there can be no real (as we like 3-6 months, not these "2-3 day alt-seasons") alts pumps in 2023, because imagine how long it would take to work your way out of that pattern? It's shaping up to be an assault for 51% and then on to somewhere around 60%... Well you know, every now and then bitcoin stomps all the coins so that it leaves them wet. It's been too long since that happened. There was just a boring drop, but no real massacre. Now it's coming. P.S. I know there's plenty of bullish sentiment. Guys, don't forget that a fall requires just as long a consolidation at the bottom before a rise. So far we have a fall and no consolidation (weekly chart i mean).
CRYPTOCAP:BTC.DLong
by averkie_skila
10
BTC dominance ready for testing 44.40 %hello dear traders this is advanced price action of bitcoin dominance Where Will Quasimodo Generally Appear? Quasimodo pattern appears at all time frames. It occurs always after a significant rally. Then the market is manipulated to create liquidity. Where the retail traders are captured, the profitable trading opportunity is created there. Quasimodo is very reliable if used properly and can be seen on every timeframe from daily down to 1 min charts. What Should Be Remember To Trade QM Efficiently? Always look for fresh Quasimodo Demand/Supply zones, which are not tested yet. Make sure the distance between QML and MPL is not too high. If the distance is so high, risk will be increased and the Risk Reward Ratio will be poor. So, when the zone is small, the risk is also small and the expected reward is big. Never ignore level over level. QM is more powerful when an authentic opposite zone is engulfed. You can enhance your day trading strategies using this price action pattern. good luck
CRYPTOCAP:BTC.DShort
by mehdi_kb
Winning or losing a trade depends on your state of mind (2)Hello? Traders, welcome. If you "Follow", you can always get new information quickly. Please also click "Boost". Have a good day. ------------------------------------- (USDT chart) Looking at the 1D chart, you can see that after a short but long uptrend, it recorded a pullback, creating the first gap. In the meantime, the HA-High indicator on the 1D chart rose and was created. Accordingly, it is necessary to ensure that funds are maintained at 81.839B or higher. Falling while creating a gap means that funds were outflowed through USDT, so we need to check the future situation. ---------------------------------------- (USDC chart) USDC is currently in a downtrend. Therefore, it is necessary to check whether the trend turns upside down. If not, and if it continues to show a downward trend, the coin market will not be able to maintain its upward trend and will likely fall sharply. Currently, it is judged that the funds that have flowed into the coin market through USDT are defending the price, but if USDT shows a decline, it is necessary to be careful because the withdrawal of funds from the coin market can occur quickly. The first thing to check is to see if USDC holds above the HA-Low indicator on the 1D chart. ------------------------------------------------ (BTC.D chart) BTC dominance is good to look at to see if funds are concentrated towards BTC or towards altcoins. This is because any other method of interpretation will rather complicate your thinking. ------------------------------------------------- (USDT.D chart) An increase in USDT dominance can be interpreted as a high possibility of a downward trend in the coin market. Therefore, it is highly likely that BTC, the number one coin market by market cap, will show a downward trend. The reason is that when trading on coin exchanges, the USDT market is as large as the BTC market. Because various coins (tokens) can be directly traded with USDT, changes in USDT dominance can be interpreted as reflecting the overall trend of the coin market. Therefore, support and resistance points formed on the USDT dominance chart cannot be used to directly trade coins (tokens). However, since you can know the flow of money in the coin market, you will eventually be able to see the chart of the coin (token) you want to trade and use it as a reference for creating a trading strategy. This is because you can figure out whether the flow of funds is moving toward buying or selling, so you can find the timing of your trade accordingly. -------------------------------------------------- Following the DXY chart description, the same explanation is given to the USDT Dominance chart. If you think these two explanations are different, we recommend that you read them several times in more detail. The fact that your psychological state is starting to fluctuate due to price fluctuations means that the flow of funds is changing. That's why, without knowing it, your own psychology starts to fluctuate. In order to stabilize this psychological state, it can be stabilized through appropriate transactions. Therefore, if you hold a coin (token), you can get some psychological stability by checking the movement at the support and resistance point and confirming the profit or loss by selling a certain amount. If you do not own any coins (tokens), you can take your own psychological stability by purchasing a certain amount. In order to trade, you must make your psychological state stable. If you proceed with a transaction without achieving this, there is a very high possibility that the transaction will eventually fail. -------------------------------------------------- ------------------------------------------- ** All descriptions are for reference only and do not guarantee profit or loss in investment. ** Even if you know other people's know-how, it takes a considerable period of time to make it your own. ** This is a chart created with my know-how. ---------------------------------
CRYPTOCAP:USDT.DEducation
by readCrypto
Exploring Bitcoin and Altcoin DominanceIntroduction The dynamic landscape of cryptocurrency trading is filled with a multitude of variables that traders need to comprehend to navigate the financial waters successfully. One such vital aspect of understanding is the relationship between Bitcoin Dominance (BTC.D) and Other Cryptocurrencies Dominance (OTHERS.D). This article aims to provide an in-depth insight into this relationship and its long-term trends. Bitcoin Dominance: What is it? Firstly, to understand the relationship between these two, we must grasp what Bitcoin dominance implies. Essentially, Bitcoin dominance illustrates the ratio of Bitcoin's total market capitalization relative to the aggregate market capitalization of the entire cryptocurrency market. Expressed as a percentage on a scale from 0 to 100, it signifies the proportion of Bitcoin's capitalization compared to the total market capitalization. Other Cryptocurrencies Dominance (OTHERS.D) Similarly, Other Cryptocurrencies Dominance (OTHERS.D) represents the total market capitalization of the top 125 altcoins, excluding Bitcoin and some other leading cryptocurrencies. It reflects how the altcoins are faring against the total market cap in the crypto market. Correlation Between BTC.D and OTHERS.D Now, the crucial question is, why should we care about these percentages? The significance of this relationship is revealed through the Correlation Coefficient indicator, which quantifies the degree to which these two indices move in relation to each other. A Correlation Coefficient value of +1 indicates a strong positive correlation, signifying that both instruments tend to rise or fall simultaneously. Conversely, a correlation coefficient of -1 represents an inverse relationship, meaning when one instrument rises, the other falls. A coefficient of 0 suggests no apparent correlation, implying that the two instruments move independently of each other. Historical data reveals that the correlation between BTC.D and OTHERS.D is often around -0.9. This suggests an inverse relationship where an increase in Bitcoin dominance typically corresponds to a decrease in altcoins dominance, and vice versa. This correlation is significant as it guides traders on whether to shift their focus towards Bitcoin or altcoins. Long Term Trends When we delve deeper into the long-term trend analysis of BTC.D and OTHERS.D, a broader picture begins to emerge. This broader view becomes more apparent when we visualize these trends, with Bitcoin dominance (BTC.D) represented in orange and Others.D in red, which allows for a clear discernment of an inverse correlation trend. Over time, Bitcoin dominance, as depicted by the orange trend, has tended to display a downward trajectory. This indicates that Bitcoin's proportion of the total market cap has been steadily diminishing. In stark contrast, Others.D, represented in red, has shown a long-term upward trend. This indicates that the dominance and capitalization of altcoins are gradually rising relative to the total market cap. Conclusion Understanding the symbiosis between Bitcoin Dominance (BTC.D) and Other Cryptocurrencies Dominance (OTHERS.D) is instrumental for navigating the cryptocurrency trading landscape effectively. A clear trend, observable over the long term, shows a steady decrease in Bitcoin dominance juxtaposed with a corresponding increase in altcoin dominance. This evolution might be attributed to several factors. One of these could be the proliferation of new cryptocurrencies entering the market. Another factor could be the progressive advancement of blockchain technology, which is steadily pushing the envelope of modernization. It is essential, therefore, to regularly analyze and monitor the BTC.D and OTHERS.D charts. Spotting a distinct trend in either direction could offer valuable insights for your investment strategy. Attempting to follow these trends can potentially provide advantageous trading opportunities. The beauty of Bitcoin's design lies in its transparency. Nowhere else is the flow of capital as visible as in Bitcoin. This visibility lends a unique perspective, providing traders a strategic edge. By embracing this, you can bolster your understanding of these market dynamics, facilitating more informed and effective trading decisions in the fluctuating world of cryptocurrency. Thank you for reading this article. I hope it has provided you with a useful insight into the relationship between Bitcoin Dominance and Other Cryptocurrencies Dominance, thereby enhancing your understanding of cryptocurrency trading. Your pursuit of knowledge in this ever-evolving field is commendable. Stay informed, stay ahead! Best Regards, Karim Subhieh
CRYPTOCAP:BTC.DEducation
by KarimSubhieh
3