BTC DOMINANCE 1D
The volume of investment in Bitcoin relative to the total market
It is one of the most important signals in the digital currency market.
For example, if this volume decreases, it means that investment in altcoins has increased, and vice versa, if this amount increases, it means that investments in altcoins It does not mean that these funds are transferred only between bitcoins and altcoins, and it means that if the volume of investment in bitcoin increases, people will withdraw their capital from altcoins and invest in bitcoins.
Invest. It is possible that investors only withdraw their capital from Altcoins and the entire digital currency market
Now let's move on to checking the chart
Here, the volume of bitcoins has formed a channel since 2018, right after the sharp fall of bitcoins. And right now, the volume of bitcoins on the bottom of the channel is suffering.
Possible trends in bitcoin volume:
1- The most probable process is to continue suffering at the bottom of the canal
2. The possibility of a fall in the amount of investment in Bitcoin. Repeat history, a sharp decline in 2017 and 2018 when the prices of Altcoins exploded and attracted the attention of investors. The probability of this happening is also high.
3- If bitcoin is traded in Altcoins with explosive moves, Altcoins will fall sharply in price. In this case, the funds will either be taken from the Altcoins and taken out or transferred to the Bitcoin market. Can or will disappear. Considering such possible events, the amount of capital on Bitcoin can increase significantly.
The volume of investment in Bitcoin relative to the total market
It is one of the most important signals in the digital currency market.
For example, if this volume decreases, it means that investment in altcoins has increased, and vice versa, if this amount increases, it means that investments in altcoins It does not mean that these funds are transferred only between bitcoins and altcoins, and it means that if the volume of investment in bitcoin increases, people will withdraw their capital from altcoins and invest in bitcoins.
Invest. It is possible that investors only withdraw their capital from Altcoins and the entire digital currency market
Now let's move on to checking the chart
Here, the volume of bitcoins has formed a channel since 2018, right after the sharp fall of bitcoins. And right now, the volume of bitcoins on the bottom of the channel is suffering.
Possible trends in bitcoin volume:
1- The most probable process is to continue suffering at the bottom of the canal
2. The possibility of a fall in the amount of investment in Bitcoin. Repeat history, a sharp decline in 2017 and 2018 when the prices of Altcoins exploded and attracted the attention of investors. The probability of this happening is also high.
3- If bitcoin is traded in Altcoins with explosive moves, Altcoins will fall sharply in price. In this case, the funds will either be taken from the Altcoins and taken out or transferred to the Bitcoin market. Can or will disappear. Considering such possible events, the amount of capital on Bitcoin can increase significantly.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.