This graph depicts the relationship between BITCOIN and cash flow (usdt).
The picture on the left is BTC.D (% of BTC capitalization in the Crypto market). In terms of technical analysis up to this point BTC% must increase to 44-45% but because it has not increased there yet, I call it (time over for up). Because of this late increase, BTC corrected from 45k to 37 then increased to 45k at the present time.
In this chart analysis, there are 4 things we need to pay attention to.
Article 1: If BTC% rises above 43% and USDT% drops below 3.93%.
- Then Altcoins will lie dormant or increase slightly, money will pour into the market only BTC surpasses 46 to reach 48-53 thousand USD. After each BTC correction Altcoin increases sharply
Article 2: If BTC% rises above 43% and USDT% remains above 3.93%, altcoins drop, money sucked from Altcoins pours into BTC.
Article 3: If BTC% falls below 43% and USDT% remains above 3.93%. The whole market fell, only altcoins plummeted.
Article 4: If BTC% drops 43% and USDT% drops below 3.93%. Altcoins surge
The picture on the left is BTC.D (% of BTC capitalization in the Crypto market). In terms of technical analysis up to this point BTC% must increase to 44-45% but because it has not increased there yet, I call it (time over for up). Because of this late increase, BTC corrected from 45k to 37 then increased to 45k at the present time.
In this chart analysis, there are 4 things we need to pay attention to.
Article 1: If BTC% rises above 43% and USDT% drops below 3.93%.
- Then Altcoins will lie dormant or increase slightly, money will pour into the market only BTC surpasses 46 to reach 48-53 thousand USD. After each BTC correction Altcoin increases sharply
Article 2: If BTC% rises above 43% and USDT% remains above 3.93%, altcoins drop, money sucked from Altcoins pours into BTC.
Article 3: If BTC% falls below 43% and USDT% remains above 3.93%. The whole market fell, only altcoins plummeted.
Article 4: If BTC% drops 43% and USDT% drops below 3.93%. Altcoins surge