Bitcoin Dominance (BTCD) is a ratio that measures the market capitalization of bitcoin (the largest digital asset by market cap) against that of all other cryptocurrencies, or altcoins.

It’s a ratio calculated by taking the market cap of BTC and dividing it by the market cap of all other altcoins.

Crypto traders use bitcoin dominance as a signal to make changes to their current trading strategies.

Throughout the history of the crypto market, traders have observed certain patterns in the price of bitcoin and whether bitcoin dominance is increasing or decreasing.

These patterns have become gauges indicating the potential for a bitcoin bull market, an altcoin bull market, an altcoin bear market, or a bear market across the entire cryptocurrency market depending on

Bitcoin Dominance can be viewed on the Tradingview chart called BTC.D.