#Bitcoin Dominance has undergone a perfect Wyckoff Accumulation - BOOKMARK this!!

We can clearly recognize all the components in the theory: preliminary support (PS), selling climax (SC), automatic rally (AR), secondary test (ST), ST in Phase B, Spring, Test, last point of support (LPS), sign of strength (SOS) and back-up (BU)/LPS.

It seems $BTC.D has come to the end of phase D and will enter phase E imminent. When $BTC.D enters phase E, there will be an explosive move to upside.

What's $BTC.D?

According to the calculation and definition by TradingView, a coin dominance is a ratio of its market cap to cumulative market cap of cryptocurrencies. It's a great way to see how big a coin is relative to the whole crypto market — the value of everything is in comparison. It's calculated by dividing a coin market cap by the overall market cap of the top 125 coins and then multiplying it by 100. The result of these calculations and how it changes over time you can see on the dominance chart.

Importance of $BTC.D:

The most common way to use $BTC.D is following the rules below: When bitcoin dominance is in uptrend & Bitcoin in uptrend --> Buy Bitcoin When bitcoin dominance is in uptrend & Bitcoin in downtrend --> Sell altcoins When bitcoin dominance is in downtrend & Bitcoin in uptrend --> Buy altcoins When bitcoin dominance is in downtrend & Bitcoin in downtrend --> Sell Bitcoin

Quiz: What should we do? Answer in the comment

https://x.com/TATrader_Alan/status/1709176410320117838?s=20