[GUIDE] The BTC Dominance Chart & How To Read It

[CryptoMobster]

I've also did a video guide on an element of trading

https://bitcointalk.org/index.php?topic=5141548.msg51018445#msg51018445

[1715102740]

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[1715102740]

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[1715102740]

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[Wind_FURY]

CryptoMobster, Bitcoin's dominance is slightly dropping, do you know of a way to graph in what altcoins most of the value have transferred to according to the altcoin's own dominance?

I believe you have something here.

[CryptoMobster]

CryptoMobster, Bitcoin's dominance is slightly dropping, do you know of a way to graph in what altcoins most of the value have transferred to according to the altcoin's own dominance?

I believe you have something here.

I do. There is a one called Total2 on Trading view which is all ALTs except BTC. When that goes up and BTC Dominance goes down. Alts rally and vise versa

[OrangeSeller]

When the price of bitcoin is going up The price of ALTCOIN tends to drop, majority of the times, this happens. I think this is because people likes to buy bitcoin and sell their ALTCOIN whenever see the price of bitcoin going up. And once they see that bitcoin has started going down they will start to sell their bitcoin and start buying altcoins and that will make the price of altcoins to go up while that of bitcoin (BTC) continues to fall . There are times that BTC can go up along with altcoins, but this can only be true for the top of the list altcoins like XRP, ETH, stellar, BCH and others. But the smaller ones will keep dying as these goes up cause they are getting dumped by traders.