BTC Dominance Chart as an indicator
(My first shot at really zooming out like this. Let me know what you think)
This is a BTC Dominance chart going all the way back to the end of the last Bull market cycle and then through the bear market to present day. This chart basically shows you how much of the entire crypto market is BTC. When the BTC dominance is on the rise, this suppresses the price of the other coins, but when the dominance drops its very bullish for the stables, alts, memes as well.
The last bull run at the peak, the BTC dominance bottomed out at 38%
Any constructive criticisms, funny comments, advise, adjustments, tweaks, whatever let me know what ya think.
This is a BTC Dominance chart going all the way back to the end of the last Bull market cycle and then through the bear market to present day. This chart basically shows you how much of the entire crypto market is BTC. When the BTC dominance is on the rise, this suppresses the price of the other coins, but when the dominance drops its very bullish for the stables, alts, memes as well.
The last bull run at the peak, the BTC dominance bottomed out at 38%
Any constructive criticisms, funny comments, advise, adjustments, tweaks, whatever let me know what ya think.
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