NómadaCripto
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BTC DOMINANCE: THE REAL PULSE OF THE CRYPTO MARKET
In the image you see below, we are not analyzing just any asset… we are observing the BTC DOM Index (BTCDOMUSDT), the indicator that measures Bitcoin's dominance against the rest of the market. This index not only reflects how much capital is flowing into BTC but also reveals the collective intentions of investors and traders globally.
$BTCDOM
🔍 Current technical analysis
In the monthly chart, dominance peaked at 5,815.2, followed by a strong correction that has broken the green bullish channel and is now moving within a bearish channel (red lines). Currently, the price is at 4,027.6, just testing a key support zone and still within a short-term downtrend.
$BTCDOM
🔍 Current technical analysis
In the monthly chart, dominance peaked at 5,815.2, followed by a strong correction that has broken the green bullish channel and is now moving within a bearish channel (red lines). Currently, the price is at 4,027.6, just testing a key support zone and still within a short-term downtrend.
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