Alt Dominance with Stablecoins Dom Removed
Here's a look at
OTHERS.D
or Altcoin Dominance vs. itself, but without
USDT.D
and
USDC.D
When removing the calculation of stablecoins dominance from the picture, the pattern looks less like a downtrend and more like a potential bottom that may soon reverse.
Most are not expecting this with the present rise of
BTC.D
, but this could occur should a metric ton of cash move out of stables and into Bitcoin and Alts.
Just a thought, please let me know what you think or how you might see things differently, and thank you for taking a moment to read through my own!
Note - the picture may look even more accurate if there was a way to track BUSD Dominance in relation to OTHERS.D
Just another,
-dudebruh
OTHERS.D
or Altcoin Dominance vs. itself, but without
USDT.D
and
USDC.D
When removing the calculation of stablecoins dominance from the picture, the pattern looks less like a downtrend and more like a potential bottom that may soon reverse.
Most are not expecting this with the present rise of
BTC.D
, but this could occur should a metric ton of cash move out of stables and into Bitcoin and Alts. Just a thought, please let me know what you think or how you might see things differently, and thank you for taking a moment to read through my own!
Note - the picture may look even more accurate if there was a way to track BUSD Dominance in relation to OTHERS.D
Just another,
-dudebruh
