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
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
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.
Pernyataan Penyangkalan
Informasi dan publikasi tidak dimaksudkan untuk menjadi, dan bukan merupakan saran keuangan, investasi, perdagangan, atau rekomendasi lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Persyaratan Penggunaan.