Bitcoin dominance measures BTC’s share of total crypto market capitalization. It is the single most watched macro indicator for timing capital rotation between bitcoin and altcoins. Bitcoin dominance is one of those numbers that every crypto trader checks but few…
What is Bitcoin dominance and how to read its chart
其他语言标题
- EnglishBitcoin dominance refers to the proportion of Bitcoin's market capitalization relative to the total market capitalization of all cryptocurrencies. It is typically expressed as a percentage. To read its chart, observe the trend: a rising dominance indicates Bitcoin is outperforming or gaining market share relative to altcoins, often signaling a risk-off sentiment or capital rotation into Bitcoin; a falling dominance suggests altcoins are gaining traction, which may occur during altcoin seasons or when investors seek higher-risk opportunities. Key levels to watch include historical support and resistance zones, as well as divergences with Bitcoin's price or total market cap, which can hint at shifts in market dynamics.
- 한국어비트코인 지배력이란 무엇이며, 그 차트를 읽는 방법