๐ฑ Why do so many traders use pairs with \$BTC ?
Because it remains the king of the market. ๐
๐ Pairs with $BTC (like ETH/BTC, SOL/BTC, ADA/BTC) allow:
โ Measuring the actual performance of an altcoin against Bitcoin
โ Trading between cryptos, without going through stablecoins
โ Taking advantage of market movements without relying on the dollar
๐ Example:
If the ETH/BTC pair rises, it means that ETH is gaining value against BTC. Not just in USD.
๐ก Tip: Pairs with $BTC are key in technical analysis and portfolio rotation among altcoins.
Because it remains the king of the market. ๐
๐ Pairs with $BTC (like ETH/BTC, SOL/BTC, ADA/BTC) allow:
โ Measuring the actual performance of an altcoin against Bitcoin
โ Trading between cryptos, without going through stablecoins
โ Taking advantage of market movements without relying on the dollar
๐ Example:
If the ETH/BTC pair rises, it means that ETH is gaining value against BTC. Not just in USD.
๐ก Tip: Pairs with $BTC are key in technical analysis and portfolio rotation among altcoins.