Another idea for the public. This time we look up for BTC Dominance on the market.
As we can see, the dominance of BTC is decreasing as the other coins / tokens pops up to the market.
And, the market seems to response this by searching (or creating) "the next bitcoin" as we may remembered this phrase many times we've heard since the crypto popularity after the China ban hammer. But, as many as "the next bitcoin" shows up, most of them failed, but some of them i.e. ETH and BNB adapt and dominated the market after BTC.
My concern for BTC, the domination will be rising for early next year, though we never know for sure.
That's for the BTC.D analysis. Hope the best for the market.
*This is not some sort of a signal to buy or sell. Your money your responsibility.
As we can see, the dominance of BTC is decreasing as the other coins / tokens pops up to the market.
And, the market seems to response this by searching (or creating) "the next bitcoin" as we may remembered this phrase many times we've heard since the crypto popularity after the China ban hammer. But, as many as "the next bitcoin" shows up, most of them failed, but some of them i.e. ETH and BNB adapt and dominated the market after BTC.
My concern for BTC, the domination will be rising for early next year, though we never know for sure.
That's for the BTC.D analysis. Hope the best for the market.
*This is not some sort of a signal to buy or sell. Your money your responsibility.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。