CRYPTOCAP:BTC.D   Market Cap BTC Dominance, %
Bitcoin volume decline = the rise of altcoins


Three components in analyzing the volume of investment in Bitcoin relative to the market as a whole

1- Breaking the big triangle downwards, which gives us the news of a sharp
drop in bitcoin volume compared to the market in the coming days.

2- Following the downward channel shown in Jarrett, which also indicates
the downward trend of the whole trend in the future

3- Expanding the market and making more use of the currency of the world
in the world, not only in terms of investment, but also the component that
will prevent Bitcoin from reaching over 70% of the total market capital.



With the decline in investment in Bitcoin and the downward trend, we can expect the market to pay more attention to Altcoins in the future.

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.