This indicator calculates Bitcoin's actual market dominance by excluding major stablecoins (USDT, USDC, BUSD, DAI) to show BTC's real market influence. It provides a more accurate representation of Bitcoin's dominance in the active trading market by removing stable assets. Features:
Removes stablecoins' market cap for accurate dominance calculation Custom color scheme: Green (#26a79b) for bullish and Red (#ef5351) for bearish candles Based on CRYPTOCAP:BTC.D data Non-repainting indicator using OHLC data Helps traders identify true Bitcoin market cycles and dominance trends
Use this tool to better understand Bitcoin's actual market strength relative to other cryptocurrencies without stablecoin distortion.