OPEN-SOURCE SCRIPT
Bitcoin Market Dominance with Moving Averages
Bitcoin Market Dominance with Moving Averages
This Pine Script indicator tracks Bitcoin market dominance by calculating the percentage of Bitcoin's market capitalization relative to the total cryptocurrency market cap.
Features:
✅ Real-time BTC Dominance Calculation: Displays the percentage of Bitcoin’s market share.
✅ Moving Averages: Includes two customizable moving averages for trend analysis.
✅ Visual Alerts: Background colors indicate different dominance levels:
Green: BTC dominance is above 50% (strong BTC market control).
Red: BTC dominance is below 40% (altcoins gaining strength).
Orange: BTC dominance is between 40%-50% (neutral zone).
This tool helps traders analyze Bitcoin’s influence on the crypto market and identify key dominance trends.
This Pine Script indicator tracks Bitcoin market dominance by calculating the percentage of Bitcoin's market capitalization relative to the total cryptocurrency market cap.
Features:
✅ Real-time BTC Dominance Calculation: Displays the percentage of Bitcoin’s market share.
✅ Moving Averages: Includes two customizable moving averages for trend analysis.
✅ Visual Alerts: Background colors indicate different dominance levels:
Green: BTC dominance is above 50% (strong BTC market control).
Red: BTC dominance is below 40% (altcoins gaining strength).
Orange: BTC dominance is between 40%-50% (neutral zone).
This tool helps traders analyze Bitcoin’s influence on the crypto market and identify key dominance trends.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script de código aberto
In true TradingView spirit, the creator of this script has made it open-source, so that traders can review and verify its functionality. Kudos to the author! While you can use it for free, remember that republishing the code is subject to our House Rules.
For quick access on a chart, add this script to your favorites — learn more here.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.