cyatophilum
Long

Use this chart to spot an ALT or BTC cycle!

CRYPTOCAP:BTC.D   Market Cap BTC Dominance, % (CALCULATED BY TRADINGVIEW)
  • On top: the Bitcoin dominance. It corresponds to the % capital put into bitcoin .
  • At the bottom: the Crypto Total capital except Bitcoin (the altcoins)

Both charts are usually correlated.
When one goes up, the other goes down, and vice versa.

From this simple point of view we can expect a global pump in ALTs in the future months.
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Comments

Thanks for the post; worth to know what is the bitcoin dominance about!
+2 Reply
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