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BTCDOMINACE
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#BTCDOMINACE In most cases, a steep and consistent downtrend in dominance happens in crypto bull markets, because intense bull markets tend to propel alt capitalizations higher than Bitcoin. Likewise, a pullback of this trend is typically a sign of a bear market. It is almost that easy. Of course, Bitcoin Dominance can have different implications on different time frames, and it is ultimately only one tool in a traderโ€™s toolkit. In short, though, it is important to learn how to read the Bitcoin dominance chart. Luckily it is only a click away at CoinMarketCap.com or TradingView. TIP: Below is an illustration of Bitcoin Dominance and its correlation with market cycles.
#BTCDOMINACE
In most cases, a steep and consistent downtrend in dominance happens in crypto bull markets, because intense bull markets tend to propel alt capitalizations higher than Bitcoin. Likewise, a pullback of this trend is typically a sign of a bear market.

It is almost that easy. Of course, Bitcoin Dominance can have different implications on different time frames, and it is ultimately only one tool in a traderโ€™s toolkit.

In short, though, it is important to learn how to read the Bitcoin dominance chart. Luckily it is only a click away at CoinMarketCap.com or TradingView.

TIP: Below is an illustration of Bitcoin Dominance and its correlation with market cycles.
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Bullish
MARKET UPDATE: #bitcoin #BTCDOMINACE $BTC $ETH #bitcoin โž–โž–โž–โž–โž–โž–โž– The breakout above the channel with a candle close above it suggests a potential continuation of the bullish momentum. However, a successful retest of the channel could further validate the breakout and signal a more reliable uptrend. Should the price retreat back into the channel, it could indicate a possibility of further movement within its confines. โž–โž–โž–โž–โž–โž–โž– - ChartBankGlobalยฎ
MARKET UPDATE: #bitcoin #BTCDOMINACE $BTC $ETH #bitcoin
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The breakout above the channel with a candle close above it suggests a potential continuation of the bullish momentum. However, a successful retest of the channel could further validate the breakout and signal a more reliable uptrend. Should the price retreat back into the channel, it could indicate a possibility of further movement within its confines.
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- ChartBankGlobalยฎ
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Bearish
If we want crypto to go up,two things need to happen.Usdt.d must come down and hopefully break this trendline towards the downside and dxy must also break down from this trendline support.Thatโ€™s where we will start bottoming! #BTCTo1Million #BTCDOMINACE #BullorBear #USDTใ€‚
If we want crypto to go up,two things need to happen.Usdt.d must come down and hopefully break this trendline towards the downside and dxy must also break down from this trendline support.Thatโ€™s where we will start bottoming!

#BTCTo1Million
#BTCDOMINACE
#BullorBear
#USDTใ€‚
$BTC #BTCDOMINACE #Binance ู…ุน ุงู„ุชุทูˆุฑ ุงู„ุฌุฏูŠุฏ ู„ุจุงูŠู†ุงู†ุณ ูˆ ุฏุฎูˆู„ู‡ุง ุงู„ู‰ ุนุงู„ู… ุงู„ุงู‡ุฑุฏุฑูˆุจ ููŠ ู†ุณุฎุชู‡ ุงู„ุงูˆู„ู‰ ู…ูŠูƒุงุฏุฑูˆุจ . ุณู†ู„ุงุฎุถ ุชุฏูู‚ ุงู„ู…ุทูˆุฑูŠู† ูˆ ุงู„ู…ุจุชูƒุฑูŠู† ูˆ ุงุตุญุงุจ ุงู„ู…ุญุงูุธ ุงู„ู‰ ู‡ุฏู‡ ุงู„ู…ู†ุตุฉ ูˆ ุฏู„ูƒ ุงูˆู„ุง ู…ุคู…ู†ุฉ ู…ู† ุฌู‡ุฉ ุงู„ุงุฎุชุฑุงู‚ ูˆ ุณุชุคุฏูŠ ุฏูˆุฑ ุงู„ุจุญุช ุนู† ุงู„ู…ุดุงุฑูŠุน ุงู„ุญู‚ูŠู‚ูŠุฉ ูˆูƒู„ ู‡ุฏุง ููŠ ู…ุตู„ุญุฉ ุงู„ุจูŠุชูƒูˆูŠู† ูˆ ุงู„ุจู†ุจ . ุญูŠุช ุณู†ุฑู‰ ู…ูˆุฌุฉ ู‚ูˆูŠุฉุŒู„ู‡ุฏู‡ ุงู„ุนู…ู„ุงุช. $BTC $BNB
$BTC #BTCDOMINACE
#Binance
ู…ุน ุงู„ุชุทูˆุฑ ุงู„ุฌุฏูŠุฏ ู„ุจุงูŠู†ุงู†ุณ ูˆ ุฏุฎูˆู„ู‡ุง ุงู„ู‰ ุนุงู„ู… ุงู„ุงู‡ุฑุฏุฑูˆุจ ููŠ ู†ุณุฎุชู‡ ุงู„ุงูˆู„ู‰ ู…ูŠูƒุงุฏุฑูˆุจ .
ุณู†ู„ุงุฎุถ ุชุฏูู‚ ุงู„ู…ุทูˆุฑูŠู† ูˆ ุงู„ู…ุจุชูƒุฑูŠู† ูˆ ุงุตุญุงุจ ุงู„ู…ุญุงูุธ ุงู„ู‰ ู‡ุฏู‡ ุงู„ู…ู†ุตุฉ ูˆ ุฏู„ูƒ ุงูˆู„ุง ู…ุคู…ู†ุฉ ู…ู† ุฌู‡ุฉ ุงู„ุงุฎุชุฑุงู‚ ูˆ ุณุชุคุฏูŠ ุฏูˆุฑ ุงู„ุจุญุช ุนู† ุงู„ู…ุดุงุฑูŠุน ุงู„ุญู‚ูŠู‚ูŠุฉ ูˆูƒู„ ู‡ุฏุง ููŠ ู…ุตู„ุญุฉ ุงู„ุจูŠุชูƒูˆูŠู† ูˆ ุงู„ุจู†ุจ .
ุญูŠุช ุณู†ุฑู‰ ู…ูˆุฌุฉ ู‚ูˆูŠุฉุŒู„ู‡ุฏู‡ ุงู„ุนู…ู„ุงุช.
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