BTC.D Cheat Sheet
Rising BTC.D (Bitcoin Gaining Dominance)
- What It Means: Bitcoin outperforms altcoins (BTC price rising faster or altcoins losing value). Traders favor Bitcoin as a “safe haven.”
- Market Implications: Altcoins likely underperform or drop in value. Risk-off sentiment in the market.
- When to Watch: Bullish BTC runs. Crypto market uncertainty.
Falling BTC.D (Altcoins Gaining Dominance)
- What It Means: Altcoins outperform Bitcoin (alt prices rising faster or BTC consolidating/losing value). Traders take on more risk in altcoins.
- Market Implications: Possible start of an “Alt Season.” Altcoin pumps more likely.
- When to Watch: BTC consolidates or stabilizes after a rally. Total crypto market cap rising alongside a declining BTC.D.
Key Levels on BTC.D
- Support Levels: If BTC.D bounces off support, Bitcoin might regain strength, and altcoins may lose value.
- Resistance Levels: If BTC.D gets rejected at resistance, altcoins may pump as dominance falls.
Quick Scenarios
BTC.D Trend | BTC Price | Altcoin Effect |
---|---|---|
Rising | Pumping | Altcoins lose value. |
Rising | Dumping | Altcoins lose more than BTC. |
Falling | Pumping | Altcoins rise slower. |
Falling | Ranging/Stabilizing | Altcoins pump significantly. |
Falling | Dumping | Altcoins fall less than BTC. |
Tips
- Combine BTC.D with other charts like TOTAL2 (altcoin market cap).
- Time the market: Altcoin pumps often follow Bitcoin stabilization.
- Watch for BTC.D divergences: BTC.D rising while altcoins rise may indicate short-term altcoin pump potential.
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