Bitcoin Dominance Momentum
This is a simple study of Bitcoin Dominance vs Altcoin Performance.
The general idea, is that as Bitcoin Dominance falls, Altcoins rise, and vice versa.
So, I decided to plot a MACD indicator of
BTC.D
to judge macro turning points in the cryptocurrency markets.
The general idea, is that as Bitcoin Dominance falls, Altcoins rise, and vice versa.
So, I decided to plot a MACD indicator of
BTC.D
to judge macro turning points in the cryptocurrency markets.