Hi,
This is a simple metric I use to indicate current Netflow of Crypto Market Dominance to relation to Bitcoins Price.
Bitcoin Price compares to
Bitcoin Dominance (Market Cap %)
Alts Dominance
USDT Dominance
Total Crypto Market Cap Dominance
Tips:
Check for correlation between shared Money Flow across markets
> Bitcoin Dominance = BTC growth (Going into BTC market)
< Bitcoin Dominance = BTC sell off (Going into another markets)
> USDT = Risk off (Potential going into FIAT)
< USDT = Risk On (Potential going into other markets)
> ALTS Dominance = ALTs growth (Going into ALTs)
< ALTS Dominance = ALTs sell off (Going into other markets)
> Total Crypto Cap = Overall Crypto growth
< Total Crypto Cap = Overall Crypto sell off
Check for divergence across the markets,
•
For example Bitcoin Price going UP but Dominance is going down... = Downtrend
This is a simple metric I use to indicate current Netflow of Crypto Market Dominance to relation to Bitcoins Price.
Bitcoin Price compares to
Bitcoin Dominance (Market Cap %)
Alts Dominance
USDT Dominance
Total Crypto Market Cap Dominance
Tips:
Check for correlation between shared Money Flow across markets
> Bitcoin Dominance = BTC growth (Going into BTC market)
< Bitcoin Dominance = BTC sell off (Going into another markets)
> USDT = Risk off (Potential going into FIAT)
< USDT = Risk On (Potential going into other markets)
> ALTS Dominance = ALTs growth (Going into ALTs)
< ALTS Dominance = ALTs sell off (Going into other markets)
> Total Crypto Cap = Overall Crypto growth
< Total Crypto Cap = Overall Crypto sell off
Check for divergence across the markets,
•
For example Bitcoin Price going UP but Dominance is going down... = Downtrend
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。
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。