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BITCOIN - IMPORTANT POINTS TO FOLLOW THIS MONTH - 01/04 ‼️🚀
NOTE IT DOWN!
1. #BTC IN DOMINANCE
When BTC's dominance rises a LOT, it means it is gaining more value compared to other cryptos, meaning the altcoin market is relatively stagnant or losing value. On the other hand, a drop in dominance suggests that altcoins are gaining more market share, indicating a possible altseason.
So that's what we'll be monitoring, starting now.
2. LEARN TO ANALYZE THE START OF THE MONTH
The last monthly candle of BTC closed red, indicating that sellers dominated the previous period, the opening of the new month gains even more importance:
1. #BTC IN DOMINANCE
When BTC's dominance rises a LOT, it means it is gaining more value compared to other cryptos, meaning the altcoin market is relatively stagnant or losing value. On the other hand, a drop in dominance suggests that altcoins are gaining more market share, indicating a possible altseason.
So that's what we'll be monitoring, starting now.
2. LEARN TO ANALYZE THE START OF THE MONTH
The last monthly candle of BTC closed red, indicating that sellers dominated the previous period, the opening of the new month gains even more importance:
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