When will the altcoin season come in 2024 ? Let's prepare for this cycle's huge altcoin bullish market 🚀 #BTC.D Righ now, I will share my personal experience to know when the altcoin season will come in 2024. Based on the 2016 and 2019 cycle, I know the important signs based on the BITCOIN DOMINATION CHART. Every time the BITCOIN DOMINANCE CHART make peak,...
On this chart pattern, you can see Bitcoin Market Cap Domination which in my opinion is moving on a rising wedge. With the latest pump, BTC.D held the lower support trendline and is yet to touch the upper resistance trendline. Expecting it firstly to move on the upside and then to get refused on the 57.5%-58% upper resistance trendline, lose the support...
What is Bitcoin Dominance? Bitcoin dominance refers to the percentage of the total cryptocurrency market capitalization that Bitcoin represents. It's a metric that shows how big Bitcoin is compared to all other cryptocurrencies combined. How Does Bitcoin Dominance Affect Altcoins? Generally, there's an inverse relationship. When Bitcoin dominance rises,...
Hello I am so ok talking about this chart because I really have some basic issues with its structure but because some of you asked me to mark it in Elliott way, so I did it and I hope it works for us. The last rally of this trend obviously was an impulse but the end of this rally is probably going to make an Ending Diagonal and if it happens, we will see a sharp...
Now we have to wait until December.Summer will be in bull period as well.Maybe there can be a little drawback but don’t SELL.This rule includes you guys and me .We will wait as possible as we can.If dom. will reach bullzone,there will return pattern then alts will go crazy.HOLD!! CRYPTOCAP:BTC.D
A few coins went up Monday and Bitcoin made it to $63,000, causing people to declare "alt season now" and "correction over," because people are spastic and need engagement and/or hope. Charts looks awful across the board. Most coins are still down 90% from last cycle. We have not had a single whiff of a real altseason. Bitcoin has dominated this cycle, outside of...
The weekly chart suggests that BTC.D is near its peak in this cycle as it is in an area where 3 different resistances are present: 1- Long term weekly downtrend (yellow) 2- Supply/Resistance zone of 57.2% 3- 0.618 fibonacci retracement of 2021 major decline the combined effect of the mentioned resistances will most probably lead to another major drop in BTC.D...
My opinion is that the alt season will be very powerful like in 2017. But it will be so sudden. That no one will understand at first what happened. Why do I think so? I believe that Bitcoin will not grow any more. But in order for there to be fomo on the market, it is necessary to make people buy and buy again. It is necessary for big money. There are more details...
Now some people are worried about BTC dominance breaking through the diagonal. But my point is that it's worth paying attention to the logarithmic chart. Apparently it indicates more accurately where the diagonal can go. I would expect ~58%.
BTC dominance has broken out of the bull flag and the resistance. We expect Altcoins to suffer against their BTC PAIRS. BTC is expected to outperform Alts. We expect BTC Dominance to head to 60% over time. Are you buying BTC or alts?
BTC Dominance is moving inside a rising wedge pattern on the 3-day chart, which is considered a bearish pattern. You know what is coming in the next few weeks. Hold your Altcoins with patience.
here is what i think about CRYPTOCAP:BTC.D for a long term around 2 years move. this is not an advice to buy or sell.
Alt season incoming? what do you think? BTC dominance is still strong but is getting curved a lot.
A nice healthy FWB:12K shakeout in #BTC And we see the #ALTS rebounding back strong This is the market saying to Daddy The party is not over yet it's only 10pm I think this Head and shoulders can perform let's watch and see if it does.
Completing a neutral triangle pattern, we expect a drop to the minimum range of 52.30
may see a spike up before the down begins but its close looking for a close below range high or yellow line for confirmation of btc pairs getting ready to party for now corn takes over( dominance goes higher ) and then we get this party started ( alts btc pairs )