Analysis of OTHERSBTC :
✅ What is OTHERSBTC?
It is the performance of altcoins against Bitcoin.
🎯 Why do traders use it?
OTHERSBTC is considered a powerful tool to know:
1) The strength of altcoin movements against Bitcoin.
If OTHERSBTC rises → small coins are stronger than BTC.
2) "Altseason" periods.
When OTHERSBTC rises sharply → it means liquidity is entering altcoins.
3) Is Bitcoin swallowing the market or vice versa?
– BTC rising while OTHERSBTC falls → liquidity is leaving altcoins.
– Both rising → a strong bull cycle for the entire market.
📈 What do you think of the attached chart?
I think the answer is clear and it is a downward consolidation
for a long time.
