How things happen in crypto?
This is one of plenty answers I'm always trying to answer being a curator. And here a share a little visual to how Stablecoin Market Cap (Green), Stablecoin Dominance (Blue) and BTC price percentage (Orange).
First of All
We'll just look into the negative correlation from Stables Dominance and BTC price gains.
Let's do it better
Let's add the Stablecoin Total Marketcap, to see that the bigger picture infers that when Stable Mkcp gets sideways, Stable Dominance gets higher and BTC goes sideways or start going down, we'll find the end of the cycle (red lines).
The other way around is true
We can see that now that stable Mkcap is going up, Stable dominance going down and BTC gains doing it's job. Also, i may come with the Alts dominance and Total Alts Cap without Stables to make things a little more complex, but even more exciting! If you don't want to think much.. when Total Stable gets incremental 5%, well break lats major resistance, but the bottom line is: Yes, we're goin' up! Show Less