In the world of Binance futures, one of the most ignored but powerful indices is the $BTCDOM , or Dominance Index of $BTC . This indicator reflects how much of the total capital in the crypto market belongs to Bitcoin compared to other cryptocurrencies (altcoins).
📉 Why is it so important?
BTCDOM is key to anticipating movements in altcoins.
When $BTCDOM rises, it means that money is flowing into Bitcoin. In this scenario, altcoins usually retreat or lose value.
When BTCDOM drops, as has happened in recent weeks (see attached chart), it usually indicates that altcoins are gaining strength, and we are experiencing a bearish retracement of BTC but bullish for altcoins.
🧠 How to take advantage of it?
An intelligent trader uses this index as a market compass, anticipating when to trade altcoins and when to seek refuge in Bitcoin. If you trade futures and are not monitoring the BTCDOM, you are leaving money on the table.
📌 Do you want to learn how to read these movements and know how to use them to your advantage in Binance futures trading?
I invite you to follow me and discover a new level of crypto understanding with daily analyses, real education, and personalized advice.
Follow me now to turn information into profitability.
🔗 #nomadacripto | Your guide in the chaos of the crypto market.
