Bitcoin dominance defined in January

2022년 8월 2일

Bitcoin dominance defines the market capitalization of BTC versus the total crypto market capitalization.
When the dominance of BTC goes up, it means that the price of BTC performs better than altcoins.
Otherwise, when it goes down, altcoins perform better.

According to vertical lines, January is a definition month.
The red lines indicate when there has been a decline in dominance, and the green lines when there has been a rise.
In the last month of January, we have an indication of a rise.

The question is whether in January 2023 dominance will continue to rise or decline.

2022년 8월 2일

노트

On the daily chart we have a wedge with a divergence on the DMI.

2022년 8월 15일

노트

Dominance ready to break out of the bullish descending wedge: