BTC D going down, doesnt that mean the price of BTC in USD term is going up?
BallaJi
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@yakk, it's the percent of Bitcoin marketcap vs every other coin (including stables) in the crypto space. 100% = The market is All BTC. 0% = Bitcoin is dead :)
catasun
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Hi BallaJi, to me this looks like a re-bounce, maybe shorts covering at the lows, therefore I disagree with your view. The expectations is that there is still space to go down, especially for alts. USDT.D still has space to go up, at least that is the expectation for now, keep in mind this is short term. If you re-assess, please let me know. Otherwise lets wait and see.
BallaJi
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@catasun, Mr. Market doesn't care what Me and you think.
catasun
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Agree. The statement I made is not based on what I think, it is merely what the data is showing. Enjoy your day.
BallaJi
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@catasun, What data are you looking at ... Sharing is caring <3
catasun
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Should the fall not occur, I am fine with that, not participating, but down movement is expected.
catasun
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Nothing fancy, just the price. In addition to price I might add that multiple assets from Others broke the daily pivot.