#BTCNextMove
💡 WHAT IS BTC DOMINANCE? 💡
BTC Dominance (BTC.D) is an index that shows the market capitalization ratio of Bitcoin compared to the entire crypto market. This is an important tool for investors to analyze market trends.
🔹 Increasing BTC Dominance:
Usually indicates that capital is being concentrated in Bitcoin. This can happen when the market is declining (investors are seeking a safe haven) or when Bitcoin leads a major price increase.
🔹 Decreasing BTC Dominance:
Indicates a shift of capital towards Altcoins (other coins). This is a sign that Altseason may occur.