🚨 BITCOIN DOMINANCE 🚨
The dominance of BTC vs the rest of the market has been (almost) constantly increasing since November 2022.
➡️ Proof of the strengthening of the Bitcoin position among different investors
Currently around 57%, it is at its highest point in the current "cycle".
🎯 This increase is partly explained by the arrival of ETFs, but is also part of the "liquidity movement" through the different phases experienced by the market.
BTC dominance is a VERY important point to follow, because it has allowed in the past to "time" the launch of the BullRun and in particular the start of the altseason.
This is an indicator that should be kept in mind, not for a short-term vision but rather for the long term (week, month, year)
The dominance of BTC vs the rest of the market has been (almost) constantly increasing since November 2022.
➡️ Proof of the strengthening of the Bitcoin position among different investors
Currently around 57%, it is at its highest point in the current "cycle".
🎯 This increase is partly explained by the arrival of ETFs, but is also part of the "liquidity movement" through the different phases experienced by the market.
BTC dominance is a VERY important point to follow, because it has allowed in the past to "time" the launch of the BullRun and in particular the start of the altseason.
This is an indicator that should be kept in mind, not for a short-term vision but rather for the long term (week, month, year)
1 month ago
