The 
BTC dominance is currently very interesting to observe
BTC.D has just made a new local high (top image)
However, theBTC dominance without the stable coins is threatening to fall out of the uptrend (bottom image)
So a divergence is taking place. The money from the stables is currently being pumped mainly into altcoins and not intoBTC
If the support in the figure below falls, there will be a trend change in the cycle. From then on, the focus for me should no longer be mainly onBTC but on the altcoins
BTC dominance is currently very interesting to observeBTC.D has just made a new local high (top image)However, the
BTC dominance without the stable coins is threatening to fall out of the uptrend (bottom image)So a divergence is taking place. The money from the stables is currently being pumped mainly into altcoins and not into
BTCIf the support in the figure below falls, there will be a trend change in the cycle. From then on, the focus for me should no longer be mainly on
BTC but on the altcoins
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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.
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.