Day 13 of 100: $BTC vs The Market – Understanding Bitcoin’s Role as the Market Mover
If you want to succeed in crypto, there's one chart you must always keep an eye on — Bitcoin (BTC)
if $BTC goes up then there is 90% chance that whole crypto market will boost 🚀
If $BTC drops then there is 90% chance that whole crypto market will drop
Let’s break it down:
1. Bitcoin is the Anchor of Crypto
Bitcoin was the first cryptocurrency and still holds the largest market cap. Most altcoins are highly correlated to Bitcoin.
When BTC pumps – confidence returns, and altcoins often follow.
When BTC dumps – panic spreads fast, and altcoins usually crash harder.
Even stable altcoin setups can fail during a BTC dump. That’s why smart traders always check BTC before trading anything else.
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2. Bitcoin Dominance (BTC.D): A Powerful Market Signal
BTC Dominance is the percentage of the total crypto market cap that belongs to BTC.
Rising BTC.D: Investors are moving funds into Bitcoin (risk-off behavior). Altcoins might underperform.
Falling BTC.D: Confidence is growing in altcoins. This often signals an incoming altcoin season.
Traders use the BTC.D chart (available on TradingView) to plan when to focus on altcoins and when to stay in BTC.
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3. Bitcoin's News Impact
BTC is the first to react to major news:
ETF approvals
Regulatory updates
Interest rate news
Institutional adoption
When big news drops, BTC usually moves first. Alts follow the leader.
Tip for the day:
Before trading, ask yourself: What is BTC doing?
A clear BTC trend = safer setups.
A choppy or dumping BTC = avoid trading or trade with tight stops
Have you ever trade with BTC comment below
see you tomorrow