TradingView
Farbodkbr
Aug 12, 2022 7:52 AM

Btc.d big cheat for crypto traders 

Market Cap BTC Dominance, %CRYPTOCAP

Description

Hello if btc.d is bulish and market is bullish you should open long for btc or which altcoins chart to btc is bullish.
If btc.d is bullish and market is bearish you should open short for altcoins.
If btc.d is bearish and market is bullish you should open long for altcoins.
If btc.d is bearish and market is bearish you should open short for btc or which altcoins chart to btc is bearish.
Comments
Andy1GP
My take is point 2
BTC.d bearish with market bullish. Long ALTS.
What do you think?
Farbodkbr
@Andy1GP, when btc.d is bearish means money go out from btc and go to stable coins and alt coins.If market be bullish it means money don,t change to stable coins as a result where money did go?altcoins
Andy1GP
@Farbodkbr, I also look at Total, total2 total3
Money is going in everywhere but more into alts.

The way I see it is btc.d bearish doesn't mean money is leaving btc necessarily. Just more money going to alts. But I like your pinned post ))
Farbodkbr
@Andy1GP, Yes it is better explain to this event but as result all of this means altcoins give more r/rs
More