allcryptocoins.de allows you to make TradingView charts of all possible cryptocurrencies for free. Even after Bitcoin has lost its undisputed dominance, it remains the largest cryptocurrency, with a market capitalization that fluctuated between $$ billion in , owing in large part to the ubiquitousness of platforms that provide use-cases for BTC: wallets, exchanges, payment services, online games and more. Here on the weekly BTC dominance chart, we can see that BTC dominance has printed a series of inverted head and shoulders patterns. Additionally, they're combining to form a massive cup and handle.
Btc market dominance graphallcryptocoins.de Chart Viewer
Load More. The total cryptocurrency market cap capitalization is calculated by adding together the market capitalization of all of the cryptocurrencies listed on CoinCodex. The Bitcoin dominance metric shows how much of the total cryptocurrency market cap is represented by Bitcoin. Since it is the largest cryptocurrency by market cap, Bitcoin dominance is a useful metric that shows us if confidence in more speculative altcoins is growing or falling.
We calculate Bitcoin dominance by dividing the total cryptocurrency market cap with the market cap of Bitcoin. We calculate the total cryptocurrency volume by adding together the volume expressed in USD from all of the pairs on all of the exchanges listed on CoinCodex. The total volume shows us the activity of the cryptocurrency market — usually, trading volumes soar during large price swings as traders seek to capitalize on big price movements.
Total Market Cap. Total Volume. Bitcoin Dominance. Gainers vs. Search all Date Range. As I expect Bitcoin continue to show strength and reach new ALT this year and push forward to its k goal, Looks like Bitcoin will continue to outperform alt coins for the short term. But don't be discouraged, as long as your alt coins keep going up against the dollar, you are winning BTC dominance is at supply zone, previously many times it rejected frm same zone.
Anyone that holds the majority of their cryptocurrency portfolio in Alts ought to be looking at this chart. Not even going to do any analysis, the result is already in.
At this point, it could be the bottom for Alts, but it is hard to hold on to almost anything but BTC knowing that your investment performance is being slowly eaten away.
This is partly to do with Hello, traders! Bitcoin's dominance has tested the Bitcoin absorbed all the liquidity of the market during its rally. Christmas holidays are coming and traders in the stock market prefer to fix their positions.
In case if big players are fixing positions on BTC, the nearest support level is at the price values of Bitcoin dominance touched On the weekly chart, Bitcoin Dominance completed the Elliott wave pattern and now the ABC correction wave is going on.
The B wave is completed with a Some Elliott Wave for you.