WARNING: BTC dominance on Trading View is wrong. Here is how to correct it
0#stablecoins #bearmarket #bitcoin
There are many indicators that can help us to understand how the market is evolving. Bitcoin dominance is one of the most interesting and useful ones, but you need to measure it correctly.
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00:00 Stablecoins and Bitcoin dominance, the comparison of what’s happened in 2017 and what’s going on right now, the major difference: the role of stablecoins
01:22 One of the most surprising thing that we have seen in the last couple of weeks: a dump into the Bitcoin dominance
01:50 The chart: the previous bear market
02:26 In this case it is quite a difference
02:42 In order to understand it: what is the role of the stablecoins
03:05 Defi Llama, what is the TMC of the Stable Coins
04:34 What I have been starting to wonder about the real bitcoins dominance volatility
04:58 The spreadsheet
05:37 TMC Defi LLama
06:14 The dominance with stablecoin and without stablecoins
07:06 In order to better understand what has been the impact of stablecoin, what has been the change in terms of percentage
08:24 Including stable coins or not, what does it means
09:19 The reality, the effect of this downside
09:42 Right now
09:59 The growth
10:08 The point
10:19 The reason why I’m telling you this, is the chart
10:38 The real power of Bitcoin
11:18 Another thing that I wanna add about stablecoins
12:41 Conclusion