KiếnThứcCrypto
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💡 WHAT IS BTC DOMINANCE? 💡
BTC Dominance (BTC.D) is an index that represents the market capitalization ratio of Bitcoin compared to the entire crypto market. This is an important tool that helps investors analyze market trends.
🔹 Increasing BTC Dominance:
Usually indicates that capital is flowing into Bitcoin. This can occur when the market is declining (investors seek a safe haven) or when Bitcoin leads a major price surge.
🔹 Decreasing BTC Dominance:
Indicates a shift of capital towards Altcoins (other coins). This is a sign that Altseason (Altcoin season) may be happening.
Understanding BTC Dominance helps you develop appropriate strategies for each phase of the market! 🚀
#BTCdominance #Crypto #KiếnThứcCrypto $BTC
BTC Dominance (BTC.D) is an index that represents the market capitalization ratio of Bitcoin compared to the entire crypto market. This is an important tool that helps investors analyze market trends.
🔹 Increasing BTC Dominance:
Usually indicates that capital is flowing into Bitcoin. This can occur when the market is declining (investors seek a safe haven) or when Bitcoin leads a major price surge.
🔹 Decreasing BTC Dominance:
Indicates a shift of capital towards Altcoins (other coins). This is a sign that Altseason (Altcoin season) may be happening.
Understanding BTC Dominance helps you develop appropriate strategies for each phase of the market! 🚀
#BTCdominance #Crypto #KiếnThứcCrypto $BTC
See original
💡 WHAT IS BTC DOMINANCE? 💡
BTC Dominance (BTC.D) is an index that shows the market capitalization ratio of Bitcoin compared to the entire crypto market. This is an important tool that helps investors analyze market trends.
🔹 Increasing BTC Dominance:
Usually indicates that capital is being concentrated in Bitcoin. This can happen when the market is declining (investors seek a safe haven) or when Bitcoin leads a significant price rally.
🔹 Decreasing BTC Dominance:
Indicates a shift of capital towards Altcoins (other cryptocurrencies). This is a sign that Altseason (Altcoin season) may occur.
Understanding BTC Dominance helps you formulate appropriate strategies in different phases of the market! 🚀
#BTCdominance #Crypto #KiếnThứcCrypto $BTC
BTC Dominance (BTC.D) is an index that shows the market capitalization ratio of Bitcoin compared to the entire crypto market. This is an important tool that helps investors analyze market trends.
🔹 Increasing BTC Dominance:
Usually indicates that capital is being concentrated in Bitcoin. This can happen when the market is declining (investors seek a safe haven) or when Bitcoin leads a significant price rally.
🔹 Decreasing BTC Dominance:
Indicates a shift of capital towards Altcoins (other cryptocurrencies). This is a sign that Altseason (Altcoin season) may occur.
Understanding BTC Dominance helps you formulate appropriate strategies in different phases of the market! 🚀
#BTCdominance #Crypto #KiếnThứcCrypto $BTC
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