Bitcoin Dominance & Total2Bitcoin Dominance Index (BTC.D) - calculated index that shows the ratio of bitcoin capitalization to the rest of the cryptocurrency market. CRYPTOCAP:BTC.D
It directly demonstrates inflow and outflow liquidity into the first cryptocurrency, due to which the investor gets the opportunity to predict a potential “altcoin season”
TOTAL2 - crypto market capitalization excluding bitcoin capitalization. An indicator showing the inflow of liquidity into altcoins.
Correlation
As a settlement index, bitcoin dominance is correlated indicator, and has a number of properties that can enable the investor to predict potential market changes:
Here is example of potential movements between this 3 charts
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✅Disclaimer: Please be aware of the risks involved in trading. This idea was made for educational purposes only not for financial Investment Purposes.
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