✅ 1. What is Bitcoin Dominance?
Bitcoin Dominance (BTC.D) is the percentage ratio of Bitcoin's market cap compared to the total market cap of the entire crypto market.
🔸 Formula:
BTC.D = BTC Market Cap / Total crypto market cap
➡️ However, you do not need to calculate it manually, as the BTC.D index is already available on platforms like TradingView, CoinMarketCap, etc.
⚠️ 2. Note when tracking BTC.D
When BTC market capitalization increases sharply, it indicates that money is focusing on Bitcoin, often causing altcoins to be 'bled'.
When BTC market capitalization increases sharply, it indicates that money is focusing on Bitcoin, often causing altcoins to be 'bled'.
Conversely, when BTC.D decreases, money usually flows into altcoins → thus prioritizing altcoins will have a higher win rate.
🧠 3. Tips and experience using BTC.D for trading
Increasing BTC Dominance + rising BTC price = whales push BTC up.
Increasing BTC Dominance + falling BTC price = whales take profits in USD.
Increasing Dominance + sideways price = whales take profits in USD.
Decreasing Dominance + rising BTC price = whales push altcoins up.
Decreasing Dominance + falling BTC price = whales take profits in USD.
Decreasing Dominance + sideways BTC price = upward trend of altcoins.
Sideways Dominance + rising BTC price = whales push BTC up.
Sideways Dominance + falling BTC price = whales take profits in USD.
Sideways Dominance + sideways BTC = whales push altcoins up.
📝 Summary:
The BTC Dominance index is a useful tool for predicting cash flow in the crypto market. However, you should combine multiple analysis methods to make more reasonable entry/exit decisions.
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