Use this chart to spot an ALT or BTC cycle!

Long

Market Cap BTC Dominance, % (CRYPTOCAP:BTC.D)

CRYPTOCAP:BTC.D Market Cap BTC Dominance, %

chartpattern alts btc marketcap marketcycle crypto

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.

🔥Get the Cyatophilum Indicators today and automate them on Binance! => blockchainfiesta.com/strategies/

Discord Server: discord.gg/RVwBkpnQzm

I am taking PineScript Commissions ✔
=> blockchainfiesta.com/contact/

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.