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bitcoin dominance chart tradingview
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The chart’s recent dip in BTC dominance suggests alt‑coins could rally if the trend holds, so I’m keeping an eye on the top 10.
I’ve been tracking the 30‑day moving average on TradingView; every time it crosses below 55 % we see a short‑term bull run in Bitcoin. bitcoin chart live tradingview
My bot flags a bearish divergence when dominance slides under 45 % for three consecutive candles – that’s a sell signal for me.
Honestly, the dominance line is just noise unless you pair it with on‑chain metrics like hash rate and active addresses.
I set alerts for a 5‑point swing in the dominance chart; it’s helped me catch the early stages of the last two cycles.
For a long‑term view, the 200‑day trend still shows BTC holding the majority, which is reassuring for my portfolio allocation. bitcoin dominance chart today