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BTC Dom IcebergCrypto.io

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📊 BTC Dominance ex-Stablecoins | Iceberg Crypto

This indicator calculates Bitcoin's true dominance by excluding stablecoins (USDT, USDC) from the total crypto market cap.

🔍 Why?
Stablecoins artificially inflate the total market cap without representing actual speculative flows. By removing them, you get a cleaner read on BTC's real share of the risk-on market — essential for analyzing capital rotations between BTC and altcoins.

📐 Formula:
BTC Market Cap / (Total Market Cap - USDT MCap - USDC MCap) × 100
⚙️ How to use:

Identify alt season vs BTC season phases with greater accuracy
Spot divergences between classic dominance (BTC.D) and true dominance
Combine with Volume Profile and Orderflow to time rotations

🧊 By Iceberg Crypto
Institutional-grade trading education.
Volume Profile | Orderflow | Auction Market Theory
🌐 icebergcrypto.io
🐦 @IcebergCryptoX

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