"Bitcoin Dominance Cheat Sheet" that visually explains how Bitcoin's dominance and price changes impact altcoin prices. Here’s a breakdown of the combinations:
BTC Dominance Up + BTC Price Up = Altcoin Price Down
BTC Dominance Up + BTC Price Down = Altcoin Price Dump
BTC Dominance Up + BTC Price Stable = Altcoin Price Stable
BTC Dominance Stable + BTC Price Up = Altcoin Price Up
BTC Dominance Stable + BTC Price Stable = Altcoin Price Stable
BTC Dominance Stable + BTC Price Down = Altcoin Price Down
BTC Dominance Down + BTC Price Up = Altseason (Altcoins rise significantly)
BTC Dominance Down + BTC Price Down = Altcoin Price Stable
BTC Dominance Down + BTC Price Stable = Altcoin Price Up
This chart helps traders predict the behavior of altcoins (alternative cryptocurrencies) based on Bitcoin's market trends.
BTC Dominance Up + BTC Price Up = Altcoin Price Down
BTC Dominance Up + BTC Price Down = Altcoin Price Dump
BTC Dominance Up + BTC Price Stable = Altcoin Price Stable
BTC Dominance Stable + BTC Price Up = Altcoin Price Up
BTC Dominance Stable + BTC Price Stable = Altcoin Price Stable
BTC Dominance Stable + BTC Price Down = Altcoin Price Down
BTC Dominance Down + BTC Price Up = Altseason (Altcoins rise significantly)
BTC Dominance Down + BTC Price Down = Altcoin Price Stable
BTC Dominance Down + BTC Price Stable = Altcoin Price Up
This chart helps traders predict the behavior of altcoins (alternative cryptocurrencies) based on Bitcoin's market trends.
1 month ago
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