Get started

Btc-correlation

Domination of USDT + USDC and lows/maxims of BTC. CorrelationIn the graph, combined into one graph of the dominance of such stablecoins as USDT and USDC. Orange color—chart of the bitcoin price against the dollar. The time interval is 1 week. The graph is logarithmic. The same chart and the same parameters on the candlestick chart . All BTC price lows and highs are specially shown. Compare what the capitalization of stablecoins was at the time. At an earlier time, the dominant stablecoin was one USDT, later USDC was added. They occupy a significant capitalization. BUSD and DAI are less capitalized. They too can be added to this “indicator” of the Pumps/Dumps market. I think the dominance history and the bitcoin overlay chart illustrate well which market phase and in which areas to buy and sell bitcoins and other speculative crypto coins. Centralized Stablecoin capitalization of a decentralized market . Sounds crazy, doesn't it? The dominance of centralized in a decentralized market. The 3rd,4th,6th places are naturally occupied by centralized stablecoins such as: #USDT #USDC #BUSD. This kind of decentralized cryptocurrency financial world (freedom from the dictatorship of banks, power states, and so on) did you imagine, for example, in 2015-2017? Is it good or bad? What will happen after a while? What trend will develop further after the community bait has been swallowed? 3rd place . USDT ( .... "Reds" .... ) $67,562,687,657 4th place . USDC (Circle, Coinbase, JPMorgan, Blackrock .... ) $51,726,419,583 6th place . BUSD (Binance) $20,003,320,692 13th place DAI ETH (!) BTC and ETH dominance. Continuing on this “democracy” theme of crypto sandbox capitalization. Today 14 09 2022. Market Cap: $989,560,104,72 Dominance: #BTC: 38.9% #ETH: 19.9% Total 2 assets: 58,7% Also add 3,4,6,13 top stablecoins to this. Stablecoins over 20%. Almost 60% of the market is 2 assets. Over 80% of the market is 6 assets. So much for the true mythology of decentralization ))). How to look for a “live chart” for yourself and combine the dominance of USDT and USDC: 1) Look for the MARKET CAP USDT DOMINANCE, % 2) On the right side of the chart in the search field, press the + button 3) Write MARKET CAP USDC DOMINANCE, %. For the analysis, it will also be useful to track at the same time: 1) BTC dominance 2) US dollar index (DXY, USDX) BTC dominance BTC to altcoin dominance. Stablecoin dominance and market pamp. US Dollar Index (Fed)with prices of BTC lows/maxims. Correlation of assets. DXY and PampDump BTCMarkets Cycles. This is what it looks like on a line chart to illustrate simple correlation things. Preparedness for force majeure. I would also like to say that all stabelcoins are focused on the "stability" of the U.S. dollar. Think about what would happen if, for some reason, that stability were to be undermined in the blink of an eye. Then you are faced with a very difficult choice. What to do? Sell/buy cryptocurrency/shares? Just think ahead "What do you do" if, purely hypothetically, for some fantastic, hard-to-imagine reasons this happens. Think ahead in today's calm time (are you sure it's not calm now?), so you won't be caught off guard in a turbulent time.
CRYPTOCAP:USDT.DEducation
by SpartaBTC
24
DOLLAR -vs- BTC (Fed is dead, not just yet)Trend: As BTC becomes less volatile with time due to its increased market cap, long term, fundaments for BTC get much more stronger. It's a fight between FIAT and BTC (opposite correlation) Medium term, the trend is in favor of the dollar and this won't change until they both reverse their trends (lines crossing in the chart). Remember, the Trend is your friend. And, now, it is against BTC. Fundamentals: BTC is nothing but a public consensus that aims to stop a central party from manipulating the supply of our currencies. At the end, inflation is a form of taxation. The reality is that the State and the Taxes as we understand them today will eventually go away. PoW is a store of value form our labor. PoS promotes productivity. Trustless systems (like blockchain) remove violence and wars. Economic outlook: The current economic outlook is corrupt. The FED has to either send us to a recession or embrace its defeat as an authority. The FED is not helping, it is slowing growth. They should take advantage; we are in the perfect storm to regulate and promote blockchain solutions that help us with new forms of energy, like solar. Imagine an auto-balanced grid of solar panels with batteries interconnected where the exceed is traded. Imagine insurances where "money" is from and for the community. Imagine telecommunications empowered and owned by the people. It is not that difficult to envision the future.
TVC:DXYShort
by cesarbmx
2
US Tech Index vs. BitcoinBy charting the growth rates of both the NASDAQ US TECH 100 and Bitcoin, it clearly shows a recent decline against BTC. This decline may also show the recent correlation Bitcoin has had with the NASDAQ, as the closer it gets to 0, the more correlated they are. It has broken an important trend, which is in favor of the growth rate for BTC. IMO this shows the beginning of a decoupling of the two, and the possibility that BTC will begin to grant more returns, even as the NASDAQ declines overall.
NASDAQ:NDXT
by DoozerInvest
DXY vs BTCDXY is inverse correlate with BTC price. When the $ is crashing (or slowly grinding) the BTC price is going parabolic (or performing well). The assets that have a high risk (crypto) are not performing very well when the $ index is rising. Best strategy now is to be patience and zoom out. Even if the recession is confirmed, we'll have the best buying opportunities of the lifetime no matter what. The fear and downtrends always are followed by greed and uptrends. The question is, how long this downtrend will take?
INDEX:BTCUSD
by cryptoforevery1