BTC Dominance on the verge of Explosion.

22 במרץ 2023

If we break above 50% level on BTC.D chart we are bound to get a super massive pump in bitcoin dominance. That usually translates to pump in bitcoin spot price. But sometimes the opposite happens, we get an inverse relation between the price and dominance as highlighted in the chart, although it's unlikely in the current market environment but still a thing to take notice.